Greenland Corp. (GLCP) Message Board

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Microcap & Penny Stocks : Greenland Corp. (GLCP)

GLCP 1.000

0.0%

Jan 23 9:30 AM EST

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To: JS who wrote (73)	4/28/1998 11:11:00 PM
From: CoffeePot	of 2278

Superior????????? Please explain. Greenland's technology is more cost effective to implement in residential areas (where the majority of population live) than DBSS. It also appears DBSS is having difficulty establishing air time, " The Company also had an agreement with North American CLS, Inc. ("NACLS"), which provided a limited amount of LEO satellite capacity for trials of the Company's AMR applications with the Argos System, a satellite location and data collection system operated and controlled by the Centre National d' Etudes Spatiales (France) and the National Oceanic and Atmospheric Administration ("NOAA"). The Company's agreement for use of the Argos System expired on December 31, 1997 and certain governmental agencies have proposed limits on future commercial use of the Argos System. The expiration of the NACLS agreement and the proposed future limits have caused GEMS and ABB to suspend the purchase order. No assurances can be given that the purchase order will be reinstated or whether the terms of any future purchase order will be acceptable to the Company." Overall satellite tech is currently more expensive for residential, though it does have it's place for rural.

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