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stockdoc68

04/23/10 3:38 PM

#16387 RE: justicewillbesoon #16386

I looked up Vought, and you've got to be kidding. It makes MOBL look like it's pure gold. Vought has earnings of a negative $19 per share, trades about 7,500 shares a day, is a micro-micro cap, and is a .pk stock. However, as they say, "it's your money", so do with it as you please. I wouldn't touch it with a ten foot pole.
At least, MOBL has the prospects of collecting on a large lawsuit and might be able to appreciate by a factor of 50 or so depending on the lawsuit outcome. Jay's a nice guy and all that stuff, but remember that he's the one who borrowed all that money from Cornell at interest rates that were totally unconscionable. He proposed an IPO that couldn't have been proposed at a worse time, and started that game of issuing more and more stock to YAG to pay down a debt. How much more could you possibly find to tell you that Jay just isn't the kind of business-minded person you don't want anything to do with? That's about all I can say about Vought and Jay. It's your money....just get ready to say good-by to it.