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Mobility Electronics, Inc. (Nasdaq:MOBE) recently filed an 8K material change notice, which allows Adage Capital Partners GP LLC to increase their ownership from 20% to 25% without triggering the shareholders rights program. The amendment was made at the request of Adage. I mentioned this company in an Oct 6, 2006 posting. Essentially I was critical about a number of lost sales and customers. So the question is why does Adage want more? Why should the shareholder rights plan be amended to their benefit? Is this a creeping takeover? Is the company being driven into the ditch purposefully? SEC and securities class action lawyers are you listening?

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