Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.34

+7.4%

3:59 PM EST

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To: Rocket Scientist who wrote (12150)	5/4/2000 8:16:00 PM
From: A.L. Reagan	Read Replies (1) of 29987

R.S. - Could you or Maurice briefly explain the G* billing and control system? Listened to the CC replay and I am baffled by BLS' comment that they don't know the # of minutes sold, and are reliant on the SP's to provide the info. It almost sounds that the satellites are effectively unmetered, with the "counters" being at the SP-operated gateways. This is a serious question (although it opens a bashing opportunity) but how does G* actually invoice the SP's, and monitor the minutes used? I hope it's not based on the honor system. I'd kind of assumed all the way along that G*/LOR understood "Revenue Accounting 101," but am learning the hard way not to assume that these aerospace engineers have a grasp of any business fundamentals, until proven otherwise. Wouldn't there be authentication devices on the birds which only accept signals from "authorized users" and could track the usage?

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