Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 50.53

+4.7%

Nov 7 9:30 AM EST

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To: pcstel who wrote (27710)	3/24/2010 3:37:55 PM
From: Maurice Winn	1 Recommendation Read Replies (2) of 29986

Do you mean to say that Globalstar could go broke and end up owing Qualcomm? Joy of joys = imagine if Globalstar was taken over by Qualcomm in entirety. <if you examined the capital structure and CapEx requirements. You would understand the requirements for Globalstar to turn the inventory / obilgations due Qualcomm into cash rapidly. > It's unlikely. If push came to shove and there was no other way of paying Qualcomm then shareholders such as yourself would no doubt step up to a rights issue at $1 a share and buy a truckload of new GSAT shares. Mqurice

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