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


To: Land Shark who wrote (12221)5/6/2000 12:59:00 PM
From: tero kuittinen  Respond to of 29987
 
Vihdoinkin asiallinen kommentti! The white knight would probably demand huge concessions to step in - maybe total control PCSTEL referred to.

Tero



To: Land Shark who wrote (12221)5/6/2000 4:11:00 PM
From: SKIP PAUL  Respond to of 29987
 
It would take about $1 per share for current shareholders to fund GLP through the end of the first qtr of 2001. I say no big deal. By then 300,000 subs should be a cinch. That will be enough for GLP to become self sustaining.

The naysayers are basically saying that seven million people do not live or work in areas of the world that do not have terrestrial coverage. I think there are more than seven million in the US alone.

With proper funding management and marketing GLP can be a very successful business in my opinion.