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crashman

07/12/07 3:36 PM

#10382 RE: crashman #10381

The sale of the CLEC division should leave them with 4-6 million in cash. maybe they will use 3 million to invest in gobility. Gobility then is essentially owned by us and it's a pure play attracting more investors. After Davel and Progames are sold they can reverse merger into MOBL.
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crashman

07/12/07 3:45 PM

#10383 RE: crashman #10381

BTW here is my calculation:
CLEC-debt= 5 million cash
8 million stock
Gobility 2 million stock
(probably more as the mystery unravels
Davel 10 million
Progames 2 million
============================
27 million equity= $.035/share

.035 time industry standard 4.7 price/book = 16 cents sp +/- after they cleaned house. Much more if they really get something going for a change.