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stockdoc68

03/20/08 1:00 PM

#13316 RE: shushu1 #13315

Before any reverse merger can take place, MOBL has to get rid of all the debts incurred. What we really need to know is whether or not the USA deal is going through and whether or not the Kite debts are being covered.
Right now, as it stands, the 31% owned in MLOG just becomes part of the assets owned by MOBL that's in jeopardy of being used to pay off MOBL's debtors.