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stockdoc68

06/23/09 10:02 AM

#15720 RE: justicewillbesoon #15719

Does it make any difference what it's trading at? Is it not true that YAG is now preparing to take over the assets of MOBL to recoup it's $13 million in debt? To the best of my knowledge, YAG has the right to do so, and since they've turned down any additional forebearance, that's exactly what YAG is doing as we write/speak. Jay's already stated, even if they sold the CLEC assets today, it's not enough to pay off the debt owed to YAG.
There's no point talking about Microlog. As they say, "we're toast".

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stockdoc68

06/23/09 10:13 AM

#15721 RE: justicewillbesoon #15719

Maybe I should just spell it out this way: YAG is demanding immediate payment of the $13 million MOBL owes them. MOBL can't do it. YAG will probably have to take it to court and when the court enforces the terms of the contract, MOBL will have to hand them them the ownership of its assets.

How's that for stating what we all know but refuse to accept? MOBL's gone unless a miracle happens, but so far, no one's come up with a reasonable, logical, or believable scenario for what that miracle could possibley be. No more fluff, no more pie in the sky, no more sillyness.

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stockdoc68

06/23/09 10:18 AM

#15722 RE: justicewillbesoon #15719

Just a P.S.

No more buying 1000 share lots to try to artificially boost the price of the stock from .0003 to .0004.

I see that some dimwit's been at it over the last couple of days, and they did it again this morning. That's really getting kind of old and tired.

stockdoc