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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 9:30 AM EST

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To: Rocket Scientist who wrote (6958)8/27/1999 8:34:00 PM
From: Maurice Winn  Read Replies (1) of 29987
 
Well, if they ordered 300k over a year ago, they should be delivered by now. I would have called 1m handsets, ordered and paid for in cash for delivery over the first 12months in equal amounts of 100k per month a substantial order. If they had ordered 2m handsets I would have called that a major order.

So far, they are piddling around on the edge with only a few thousand to be available by December.

There needs to be an order, involving money being paid, with delivery dates and penalties for late delivery.

Where are these 300k handsets? Where is the money to pay for them?

Maurice
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