If what you say is true, and the 1.5 billion shares won't accomplish anything, then it's absolutely foolish to hold MOBL stock. There's no reason to hold on, and anyone feeling that way should sell immediately.
THE 1.5 BILLION SHARES WOULD ONLY FETCH $225,000 to $300,000.
Exactly. This gives MOBL wiggle room to pay monthly interest payments only on +15MM loan to YA thru June 2009, or whenever, and per MOBL's agreement(s).