UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K/A
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report:
January
17, 2007
MOBILEPRO
CORP.
__________
(Exact
Name of Registrant as Specified in Charter)
|
Delaware
|
|
000-51010
|
|
87-0419571
|
|
|
|
|
|
|
|
|
|
(State
of Incorporation)
|
|
(Commission
File Number )
|
|
(IRS
Employer Identification
No.)
|
|
6701
Democracy Blvd., Suite 202
Bethesda,
MD 20817
(Address
of principal executive offices) (Zip Code)
(301)
315-9040
(Registrant's
telephone number)
Check
the
appropriate box below if the Form 8-K is intended to simultaneously satisfy
the
filing obligation of the registrant under any of the following provisions
(see
General
Instruction A.2 below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Amended
to correct a reference to December 17, 2007 to January 17, 2007.
Item
1.01. Entry into a Material Definitive Agreement.
On
January 17, 2007 the Registrant (“Mobilepro”) and Cornell Capital Partners, LP
(“Cornell Capital”) entered into an agreement to defer for six months until July
8, 2007 payment of $125,000 in weekly principal and interest payments due under
the terms of convertible debentures that Mobilepro issued to Cornell Capital
in
connection with a financing of up to $7,000,000 under the Securities Purchase
Agreement dated August 28, 2006 between Mobilepro and Cornell Capital as
reported on Form 8-K filed September 6, 2006. Mobilepro has the right to pay
principal and interest under the convertible debentures in shares of Mobilepro’s
common stock at $0.174 per share. The foregoing is only a summary of the terms
of the amendment to the convertible debentures and is qualified in its entirety
by reference to Amendment No. 1 to Convertible Debentures, a copy of which
is
attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated
herein by reference.
Item
9.01. Financial Statements and Exhibits.
(c)
Exhibits
Furnished.
10.1 Amendment
No. 1 to Convertible Debentures between Mobilepro and Cornell Capital dated
January 17, 2007
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
|
|
|
|
By: |
/s/ Jay
O.
Wright |
|
Jay
O. Wright |
|
Chief
Executive Officer |
|
MOBILEPRO CORP. |
Date:
January 23, 2007