(Registrant's telephone number)
Item 2. Acquisition or Disposition of Assets.
On July 30, 2004, we completed an acquisition of C.L.Y.K., Inc., d/b/a Affinity Telecom, a Michigan communications company (“Affinity”). We paid approximately $3,440,000 of consideration, consisting in part of $1,340,000 in cash $1,050,000
in notes of which $750,000 of the notes are convertible into shares of our common stock and five million shares of common stock, for all of the outstanding shares of Affinity. As a result of the acquisition, we acquired certain plant, equipment or other physical property that Affinity used in its business and we intend to continue such use.
A copy of the press release announcing the completion of the acquisition is attached as an exhibit under Item 7(c) of this report.
Item 7. Financial Statements and Exhibits.
The Company intends to file by amendment the required financial statements reflecting the acquisition of all of the issued and outstanding stock of Affinity no later than 60 days after the date that this report on Form 8-K must be filed.
(c) Exhibits Furnished.
2.1 Agreement and Plan of Merger, dated as of July 30, 2004.
99.1 Press Release, dated August 2, 2004.
99.2 Put Agreement, dated July 30, 2004, between Mobilepro and Jeremy Maynard.
99.3 Put Agreement, dated July 30, 2004, between Mobilepro and Christopher Laduke.
99.4 Put Agreement, dated July 30, 2004, between Mobilepro and John Kopanakis.