GLOBALSTAR - The New Beginning - GSTRF / GSTRQ Message Board

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Technology Stocks : GLOBALSTAR - The New Beginning - GSTRF / GSTRQ

GSAT 54.39

+7.0%

3:59 PM EDT

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To: pcstel who started this subject	2/22/2002 4:58:31 AM
From: Maurice Winn	Read Replies (1) of 65

All of Globalstar's currently existing assets (including the 2 GHZ space station license held by Globalstar and any other licenses not held by service providers used to operate the Big LEO satellite system) will be contributed to NewCo or a wholly-owned subsidiary of NewCo. The Globalstar Big LEO space station license held by L/Q Licensee, Inc. will be contributed to NewCo or a wholly-owned subsidiary of NewCo.

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