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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 51.11+8.9%Nov 5 3:59 PM EST

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To: pcstel who wrote (29745)11/23/2019 10:14:55 PM
From: Maurice Winn  Read Replies (1) of 29986
 
It's coming up to 30 years since Globalstar was planned. 30 years down the drain. And umpty $billions. And huge Search and Rescue costs that should have been straight rescue (or recovery in the case of the lost Malaysian airliner) and the swarms of lives lost because they didn't have trackers such as SPOT because SPOT ongoing charges were stupidly high.

Globalstar could have been the biggest business in the world. Both physically and economically and number of users --- but with very low arpu.

Mqurice
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