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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Vayda who wrote (5871)7/20/1999 2:01:00 PM
From: Valueman  Read Replies (4) | Respond to of 29987
 
Jeff:

Sounds like a shelf registration, meaning they can issue these classes of securities at any time in the future without having to go through the hassle of registration. I am certain this is why they are down. BS has promised they didn't need any more money, which is obviously wrong.