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stockdoc68

03/04/10 1:22 PM

#16255 RE: leonardo66 #16254

MOBL owes somewhere around $12 million that they don't have. The lenders are demanding payment and have taken the bulk of MOBL assets and sold it off at an auction.

The only way MOBL can save itself is to get money owed to them in a major lawsuit, but that may take years.

stockdoc