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Friends , bought this one a long time ago and I'm up over 400% since
Press Release Source: MobilePro Corp.
Don Sledge Joins MobilePro Corp. Board of Directors Wednesday January 19, 8:57 am ET
BETHESDA, Md., Jan. 19 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL - News) announced today that Donald H. Sledge has been appointed to its board of directors as an independent director. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO ) Sledge brings a long and distinguished career as a telecommunications executive, investor and financier to MobilePro. He worked for over 20 years as an executive with Pacific Telesis in San Francisco, Calif., rising to become president and CEO of Pacific Telesis International. After leaving Pacific Telesis, he served as chairman and CEO of Megaphone, Inc., where he successfully led the sale of that company. Sledge was then recruited to become chairman and CEO of Telecom New Zealand International, where he worked from 1988 until 1993. During this period, Sledge helped lead the sale of Telecom New Zealand to Bell Atlantic and Ameritech and helped successfully launch the Telecom New Zealand IPO with listings on the NYSE, Sydney, London and New Zealand exchanges.
Over the past 10 years, Sledge has focused on finance and investments, including serving for three years as a managing director of Freemont Communications Venture Capital Fund and as chairman (until 2001) of Merriman, Curham & Ford (MCF), an Amex-listed broker/dealer. Sledge sits on the board of directors of MCF and two privately held companies. He is slated to chair MobilePro's compensation committee.
Sledge received both his bachelor's degree and M.B.A. from Texas Tech University. He also served in the United States Air Force.
Jay Wright, MobilePro chairman and CEO, said, "Don brings great strength to MobilePro with his tremendous industry experience and contacts plus his financial savvy and investor relationships. I am very pleased that Don has agreed to join us. He is Spencer Trask's nominee and our third independent director, a critical step toward obtaining a stock exchange listing."
Sledge said, "I look forward to working with Jay and his team over the coming years as we seek to continue building MobilePro into a large, profitable broadband telecommunications company. With the recent changes in technology and regulation, there is an excellent opportunity for MobilePro to leverage wireless and VoIP technology to grow and become a meaningful player in the industry."
About MobilePro Corp.
MobilePro Corp. is a wireless technology and broadband telecommunications company based in Bethesda, Md. with operations in Houston, Dallas and Beaumont, Texas; Coshocton and Cleveland, Ohio; Kansas City, Kan.; Janesville, Wis.; Detroit, Mich.; Stevensville, Md.; Tucson, Ariz.; and Shreveport, La. The company is focused on creating shareholder value by developing innovative wireless technologies, acquiring and growing profitable broadband telecommunications companies and forging strategic alliances with well- positioned companies in complementary product lines and industries. In 2004, MobilePro closed deals with cumulative expected 2005 calendar revenue of more than $101 million and positive operating earnings.
For more information regarding MobilePro, contact MobilePro CEO Jay Wright at (301) 315-9040 or by e-mail at jwright22@closecall.com . For investor relations information regarding MobilePro, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, e-mail: info@hawkassociates.com . Detailed information about MobilePro can be found on the website http://www.mobileprocorp.com . An online investor kit including copies of MobilePro press releases, current price quotes, stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com and http://www.hawkmicrocaps.com .
Forward-Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the company's Form 10-K for the fiscal year ended March 31, 2004 and its Form 10-Q for the quarters ended June 30, 2004 and September 30, 2004 for a discussion of such risks, uncertainties, and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
posted
It seems like everybody is selling , because there is a law suit againsed the company, HAHA, no problem IMO I'll hold, no matter what This company will bea BAGGER
posted
Insider buy of 8 mil.+ @ .175 . AS long as it is above that , this insider will keep on selling. If you check the sells , he's making a killing since Dec. '04 .
-------------------- TI AKERS , WHERE ARE YOU!!!
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yes abram, you are right It shows the same thing over and over again THE RICH GET RICHER, THE POOR GET POORER But I don't understand why this guy does that , because he could make much more by letting the pps go higher.
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Friends, I think MOBL will come out with a great Report. Still think , this will be one of my BIG BAGGER, JIMO
Press Release Source: MobilePro Corp.
MobilePro Corp. Announces Conference Call Webcast Monday February 7, 9:57 am ET
BETHESDA, Md., Feb. 7 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL - News) announced today that the company will release its Q3 2004 earnings on Monday, February 14. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO ) The company will host a conference call with Chairman and CEO Jay Wright and senior members of the management team following the release at 4:15 p.m. Eastern. The call will cover the company's current strategy and outlook. Wright will open the conference call followed by a question-and-answer session.
To participate in this call, dial toll-free (888) 694-4769 any time after 4:05 p.m. on February 7. International callers should dial (973) 582-2757.
While in conference, anyone experiencing difficulty or requiring operator assistance can press the (*) followed by the (0) button on their telephone to talk to an operator.
There was a good deal of activity in the stock of MOBL today. We received a number of calls asking about this. Someone sent us this email, which may explain why the stock performed the way it did today.
Frank Hawkins
From: Tim Connolly (email address omitted) Date: Mon, 7 Feb 2005 14:52:23 -0600 To: Frank Hawkins (email address omitted) Subject: FW: ChangeWave Microcap Investing Alert (New Recommendation)
Tim Connolly Corporate Strategies, Inc. Merchant Bankers 1770 St. James Pl., Ste 116 Corporate Strategies, Inc. Houston, TX 77056 Direct: 713-586-6677 Main: 713-621-2737 Fax: 713-586-6678
-----Original Message----- From: Tobin Smith, (email address omitted) Sent: Monday, February 07, 2005 1:57 PM To: Tim Connolly; (email address omitted) Subject: FW: ChangeWave Microcap Investing Alert (New Recommendation)
FYI
February 7, 2005
ACTION
EXTREME MICROCAP
Buy Mobilepro Corp. up to 20 cents
Mobilepro Corp. (OTC BB: MOBL)
Going Mobile to the Max
Dear MicroCap Investor subscribers,
Mobilepro is a full-spectrum microcap, embodying both the shiny and dark hues of a small company reaching for the sky. In more familiar terms, let's just say MOBL combines important characteristics of three other stocks in our microcap portfolio: NeoMedia (NEOM), NewMarket Technology (NMKT) and Vital Living (VTLV).
Operating at the nexus of the wireless and broadband telecom ChangeWaves,Mobilepro is strikingly similar to NeoMedia in its visionary management, its capital structure, and its potential to hit a five- or ten-bagger.
Like NewMarket's strategy for growth, Mobilepro has also focused on acquisitions (14 at last count) to grow the critical mass and build the infrastructure for its national wireless telecommunications network.
Finally, echoing Vital Living's experiences in 2003-2004, Mobilepro recently underwent an influx of new management, directors and advisors. But there's one key difference from VTLV. MOBL's CEO has been with the company for a year and has led an impressive turnaround to position Mobilepro where it is today.
SEIZING THE OPPORTUNITY
In the new era of telecommunications services, cable, wireless, telecom and ISP businesses are converging at a lightning pace. Notably, three major trends have emerged on which Mobilepro has built its business strategy:
1) The movement toward broadband. 2) The movement toward wireless. 3) The movement toward IP-enabled networks -- breaking down any distinction between voice, video and data.
In this competitive environment, bundled services have become the name of the game. As a small, undercapitalized player battling against more powerful telecom competitors, MOBL is betting on its wireless technology and network. Because wireless is both modular and less expensive, this approach has obvious advantages over attempting to replicate big telecom's copper, the IXC's fiber (IXCs provide connections between local exchanges in different geographic areas) or the cable companies' cable.
The core of Mobilepro's strategy is twofold. First, the company is accumulating network assets which generate cash flow. Second, the company intends to become a leading provider of service -- billing, provisioning and customer support -- for the products customers desire over others' networks. Management believes this combination gives MOBL the best opportunity to survive and thrive long term.
To realize these aspirations, Mobilepro has put together an experienced management team -- as well as a solid group of directors and advisors -- who have the company running on all cylinders. We note that several of these folks joined MOBL in the past few months, so we'll need more time to assess their contributions.
At the beginning of 2004, Mobilepro was in a deep hole with zero revenue, negative book value, a stock price under 2 cents -- and a history of operational disappointments. Talk about a terrible outlook. Despite the bad situation, however, MOBL managed to regroup in a big way.
Over the past 12 months, Mobilepro has acquired 14 companies and reached a revenue run rate of $100 million with positive cash flow. This is a company with a market value under $70 million!
WEAVING THE PARTS TOGETHER
To overcome its lack of capital and resources, MOBL has successfully used its creativity to attract and retain capable and dedicated people. To build name recognition, MOBL has either acquired or aligned with established brands and/or local presence.
As such, the company's various acquisitions bring a range of complementary assets to the picture. Some notable additions include:
Davel Communications: Mobilepro's biggest acquisition to date provides cash flow and more than 40,000 access points for a nationwide wireless network. Founded in 1979, Davel is the largest independent provider of pay telephones and related services in the U.S. with operations in 45 states. Davel's customers include the shopping center, hospitality and health care industries.
CloseCall America: Provides a brand, a billing and customer support platform. Launched in 1999, CloseCall America is a full-service telecom company that provides long-distance, local, digital wireless and Internet service to residential and small business customers, primarily in Maryland, Delaware, New Jersey, Wisconsin, Indiana and Ohio.
Affinity Telecom: A socially aware and community-minded communications company providing telecom services in Michigan and northern Ohio, including local, long-distance, Internet and web hosting services. Affinity markets its products by partnering with various non-profit organizations including the American Red Cross and Special Olympics.
Several ISPs: Under the Mobilepro umbrella, the ISPs contribute local presence, cash flow, management talent and a large customer base. To get a better understanding of MOBL's business model and corporate structure, let's outline the company's three operating units:
MobilePro Technology Division: NeoReach
Branded as NeoReach, this division creates wireless technologies and applications. Mobilepro intends to leverage its expertise in wireless technology to deliver wireless solutions for the enterprise markets. The company also has expertise in Zigbee, WiFi, Bluetooth and WiMAX.
Mobilepro's radio frequency (RF) semiconductor and other core technologies will provide the foundation to develop advanced 3G chip technology including 3G modem semiconductor chip sets for hand set telephones, pico-cell base stations, smart antenna technology and advanced RF design support. NeoReach owns five patents for its wideband-CDMA smart antenna processing technology and has additional patents in various chip modem design and Implementation areas.
MobilePro Internet Division: Nationwide
Branded as Nationwide, this division develops new Wireless Data Network Exchange Service products for wireless data applications and operational support services such as wireless network monitoring and testing. It also provides a full complement of Internet services including connectivity, hosting, VOIP and Internet security.
MobilePro Voice Division
Provides VOIP technology, wireless telecom services, local and long- distance services -- all directed to position MOBL at the vanguard of the IP revolution. These services are cross-sold to the ISP division customer base and provide the backbone for the Technology division's products and processes.
EXPANSION PLANS
At the end of 2004, CEO Jay Wright outlined his vision for Mobilepro. As you can see, the company is targeting some very heady goals two years down the road:
$500 million in revenue.
More than one million customers.
$80 million-plus in EBITDA.
A large nationwide wireless network.
A nationally known brand. And that's only the prelude to the big picture. Wright says Mobilepro's long-term goals are even more ambitious. To fund its acquisition and operational activities, Mobilepro has entered into a Standby Equity Distribution Agreement with investment banking firm Cornell Capital Partners, which enables MOBL to raise additional capital whenever it's required.
If Mobilepro is able to even approach its goals within the next couple of years, then we're going to have a great ride.
BUY ACTION
We're starting Mobilepro in the Extreme Portfolio for reasons beyond its penny stock price and huge number of shares outstanding. With so many pieces of the puzzle -- companies and people -- newly added to MOBL, it's a virtual three-ring circus right now. And in 2005, we expect management will continue to face major challenges as Mobilepro grapples with inevitable growing pains.
We recommend initiating a one-third position up to 25 cents and another one-third if the stock pulls back below 16 cents. Depending on the pace of progress at MOBL, we'll be sure to alert you about any change in our buy strategy.
In the meantime, hang on to your hats -- we're going mobile!
MobilePro CEO Jay Wright Scheduled for Second Appearance on 'Corporate Strategies with Tim Connolly' Tuesday February 8, 11:13 am ET
BETHESDA, Md., Feb. 8 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL - News) CEO Jay Wright is scheduled to appear live on "Corporate Strategies with Tim Connolly," Sunday, February 13. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO ) The radio show begins at 9 p.m. Eastern. Listeners may call in questions live and toll-free to Wright or Tim Connolly at 1 (866) 606-TALK (8255). Recent guests have included Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, ChangeWave Research's Tobin Smith, John Murphy, Mario Gabelli, former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others.
The Business Talk Radio Show may be heard on KSEV AM 700 in Houston, on over 375 affiliate stations nationwide listed at CRN1 http://www.cableradionetwork.com , or on the Internet at http://www.businesstalkradio.net . Noted Economist Mike King of Princeton Research provides live technical analysis for the show.
Connolly is the CEO of Merchant Banker Corporate Strategies, Inc. (http://www.corporate-strategies.net ). The executive producer of the show is broadcast news veteran Jan Carson, an award-winning journalist with more than 20 years' experience as a top-rated television news anchor and reporter for NBC, ABC and CBS network affiliates. "Corporate Strategies with Tim Connolly" features financial experts from across the nation providing the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies.
posted
Friends, I don't care and don't try to pump this Stock, but I think a lot of people will be sorry in the long run by not buying this one now JIMHO, we'll talk in a few month from now
posted
i'm with you on this one gmh37. i actually started a thread on this. i just noticed you had started this already. i have a 1/3 position at .234 and hoping to grab another position for a better price. great pick gmh
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i sure hope so. i got in at .234. they've done a lot of acquisitions in 2004. gmh would proly be more qualified to answer this since he's been in since .028
quote:Originally posted by bemilio70: you guys think this is going to run higher ... is it time to jump in again ?
posted
An Article about MOBL from another Group and not from me Do your D/D
MOBL strong BUY!
Tradng at .20c is currently trading at 1/4th of its intrinsic value or book. I forsee at least 1$ by years end! A listing on AMEX or Nasdaq Is expected in the next two weeks.
MobilePro Corp. Announces Record Quarter Monday February 14, 9:29 am ET Revenue up 244.7% Over Prior Quarter; Company Generates Positive $1,098,580 of EBITDA Exclusive of Acquisition Related Costs; December First Net Income Positive Month
BETHESDA, Md., Feb. 14 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL - News) announced today results from the company's fiscal third quarter ended December 31, 2004. The company generated record revenue of $17,127,133 and reported a net loss of $2,954,890 or ($0.01) per share. Exclusive of acquisition related costs, the company had Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) of $1,098,580. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO ) The quarterly revenue represented a 244.7% increase in revenue over $4,968,069 reported in the second fiscal quarter ended September 30, 2004. For the month of December 2004, the company had revenue of $8,213,863 and net income of $44,855. Davel Communications generated EBITDA of $628,147 in the month of December.
At the end of the third fiscal quarter, the company had cash and cash equivalents of $5,666,524 and book equity of $22,288,284, or 6.4 cents per share. Complete operating results will be available in the company's Form 10- QSB that will be filed at the end of the day with the Securities and Exchange Commission. The form will be viewable on the website at http://www.hawkassociates.com/mobilepro/sec.htm .
Jay Wright, MobilePro chairman and CEO, said, "We are pleased with the continued growth of the company in the fiscal third quarter. We closed three significant acquisitions, greatly strengthened our balance sheet, deepened our management team, made continued progress on the development front and put the company in its strongest financial position ever. Perhaps most importantly, we moved further into the black at the operating level, excluding acquisition related expenses."
Wright said, "Based on our December revenue and EBITDA, and adjusting for certain one-time charges, seasonality, our planned cost cuts and the anticipated closing of two potential acquisitions, which we are in late-stage discussions with (but no other growth or decline of revenue), we expect fiscal 2006 (year ending March 31, 2006) revenue of approximately $116 million, EBITDA of approximately $17.2 million and basic earnings per share of approximately $.022. We are also looking at other potential acquisitions, which could boost these numbers."
Wright said, "I caution shareholders and potential shareholders that this guidance is our best, good faith estimate based on current conditions and numerous assumptions about the industry, our access to financing, our ability to offset customer churn with new customer wins, the competitive and regulatory landscape, our success in implementing our cost-cutting plan in a timely manner and our ability to successfully consummate the two acquisitions we are in late-stage discussions with. I anticipate updating our shareholders on at least a quarterly basis regarding our expectations."
About MobilePro Corp.
MobilePro Corp. is a wireless technology and broadband telecommunications company based in Bethesda, MD with operations in Houston, Dallas and Beaumont, TX; Coshocton and Cleveland, OH; Kansas City, MO; Detroit, MI; Janesville, WI; Tucson, AZ; Stevensville, MD; and Shreveport, LA. The company is focused on creating shareholder value by developing innovative wireless technologies, acquiring and growing profitable broadband telecommunications companies and forging strategic alliances with well-positioned companies in complementary product lines and industries.
For more information, please contact MobilePro CEO Jay Wright at (301) 315-9040 or by email at jwright22@closecall.com . For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, email: info@hawkassociates.com . Detailed information about MobilePro can be found on the website http://www.mobileprocorp.com . An online investor kit including copies of MobilePro press releases, current Level II price quotes, interactive Java stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com and http://www.hawkmicrocaps.com .
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the company's Form 10-K for the fiscal year ended March 31, 2004 and its Form 10-Q for the quarters ended June 30, 2004 and September 30, 2004 for a discussion of such risks, uncertainties, and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
MOBILEPRO CORP. 295,219,537 Shares of common stock
THIS SUPPLEMENT IS PART OF THE PROSPECTUS AND MUST ACCOMPANY THE PROSPECTUS TO SATISFY PROSPECTUS DELIVERY REQUIREMENTS UNDER THE SECURITIES ACT OF 1933, AS AMENDED
The sole purpose of this Prospectus Supplement dated February 3, 2005 is to supplement certain information set forth in the Prospectus dated May 27, 2004.
The prospectus relates to the sale of up to 295,219,537 shares of our common stock by certain persons who are, or will become, stockholders of MobilePro. All of the shares of common stock are being offered for sale by the selling stockholders at prices established on the OTC Bulletin Board during the term of this offering. These prices will fluctuate based on the demand for the shares of common stock. Our common stock is quoted on the OTC Bulletin Board under the symbol “MOBL.” The last reported sale price of our common stock on the OTC Bulletin Board was $0.176 per share on February 3, 2005.
The selling stockholders consist of:
• Cornell Capital Partners, L.P., which intends to sell up to 2,995,000 acquired pursuant to a Standby Equity Distribution Agreement with us and up to an additional 250 million which may be acquired pursuant to that agreement.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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