Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.52

+4.1%

3:16 PM EST

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To: A.L. Reagan who wrote (10512)	3/6/2000 1:39:00 PM
From: Rocket Scientist	Read Replies (2) of 29987

New Iridium filings at ecf.nysb.uscourts.gov Seeks emergency 4th stipulation allowing use of 3M$ cash collateral to fund operations through March 17, apparently agreed to by lenders. Discusses plans to solicit bids by 15March on expedited basis, at same time preparing plans to deorbit Irid satellites(!) and otherwise wind down company. Any Quillionaires out there ready to step up to the plate?

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