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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 41.56

-0.6%

Oct 29 3:59 PM EDT

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To: pcstel who wrote (29955)	6/27/2024 3:35:41 PM
From: Maurice Winn	of 29985

It's fascinating how hard it is for people to understand things. TDS and nuclear war on Putin are two examples. The popularity of religions is another example. The inability to understand Wacky Wireless I think has the same underpinnings. A false premise or a few of them provides a foundation. Identity needs with Stockholm syndrome builds on it. Confirmation bias. Things like that. WW is essentially a no-reserve auction. No monthly fees, no fixed quantities per month. Just consider the current price and if it's cheap enough, start using kilobits or terabytes. Suppose I go travelling in Kenya, and I just want position location a few times over a year, I'd have to pay about $100 per megabyte. Zenbu was much cheaper than that. And Zenbu wasn't providing the back haul. The accommidation providers, cafes, etc, at the time had to buy expensive twisted pair internet service with very limited capacity. They had to limit demand and recover their cost. Zenbu did that for them. I don't buy Starlink service because it's insanely expensive. They are yet another dumb arpu business. I'd love to buy a Starlink receiver and pay for what I use. But at NZ$150 per month is insanely expensive. Charge 10c per gigabyte I'll use 50GB per month. Charge 30c per gigabyte and and is still use 45 GB per month. Elon copies my ideas a decade or two later. I guess he'll figure WW out sometime but he's very busy on a million different things. He doesn't have to do it right to succeed, just less bad than competitors with enough customers to keep it going. I hadn't even heard of him when PayPal popped up with Qualcomm funding them. I was excited that somebody was doing my cyberspace money idea but it was not to be. They just moved money with email as a portal. I still have my PayPal account and even used it last year. But it's highway robbery. They took about 10% of the money then refused to hand over the rest coz it might have been bad guys or something. PayPal was nothing like I imagined. Useless. Thieving bastards. I finally got the remaining money after a couple of months. Travellers cheques were cheaper and better and faster. WackyWireless doesn't mean cheap. It means optimum pricing giving most benefit to users and most profit to the company. At times it should be super expensive to ensure extra people can get service anytime = never overloaded and inaccessible. At other times it would be almost free. The dumb Kenyan pricing means people get 50 gigabytes to use so at the end of the month they might as well just waste data. Just leave high speed movies running in 3D until the monthly allocation is used. It would be better to just charge per megabyte used with no monthly charge. Pay$10 and use it as fast or slowly as required. Maybe take a year to use it. People don't buy tomatoes by the month =. 100 kg per month, $100, use it or lose it. With a one year contract for supply. When tomatoes are $10 per kg out of season I eat something else. If there's a glut at $1 for 5kg I'll start making tomato sauce or bottling them while eating heaps. Those perishable megabytes in the sky are going to waste with Starlink getting no money for them while people want service but not at stupid high monthly prices. $10 per month in Kenya isn't cheap for the average poor Kenyan. Charge them 10c per gigabyte and they'd use some more and then. Mqurice

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