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

To: Rocket Scientist who wrote (10542)	3/6/2000 7:49:00 PM
From: A.L. Reagan	Respond to of 29987

Sounds like MOT pays, then bills IRID which can't pay, so MOT then adds to its claim as an unsecured creditor of the estate. The $9.2MM sounds like the monthly run rate to keep the system up. It is pretty clear MOT wants to end this thing quick and go on down the road. I hope our guys can come up with some creative "trade-in" plan to snag Iridium subscribers. How's about trade-in your Iridium phone for a G* phone free if you use x minutes over the next 12 months, with a sliding scale purchase on your credit card if you don't hit the minimum. This is an opportunity where Bernie needs to find some co-op marketing funds, as our squeamish SP's aren't likely to come up with anything on their own. The existing 50-65K Iridium subscribers represent a core constituency for the service.