Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.88

-0.5%

Nov 14 9:30 AM EST

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To: pcstel who wrote (22924)	4/4/2001 1:54:13 PM
From: Jeff Vayda	Read Replies (2) of 29987

PCSTEL: The Bondholders are not going sit by and let BLS and G* pay off liabilites to themselves (the partners) at their expense (bond payments).. The Bondholders would want something in exchange for their patience.. Equity, Postage Stamps, Globalstar Pens, etc.. So what, now they are going to go to court and complain "Globalstar is paying off their bills!" Ha! Jeff Vayda

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