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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.36+17.5%10:37 AM EST
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To: Rocket Scientist who wrote (9889)1/31/2000 8:45:00 PM
From: Rocket Scientist  Read Replies (1) of 29987
 
Iridium's operating statements for m/e 12/99 are on line at
ecf.nysb.uscourts.gov

Revenues increased from the previous month by 210K$, (or about 15%) to 1.49M$.

This doesn't compare to favorably to expenses of nearly 113M$, essentially unchanged from previous month. Even before depreciation expense, they would show about a 41M$ loss.

Reorganization expenses increased 3M$ in November to 3.4M$
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