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

To: Rocket Scientist who wrote (19161)11/8/2000 2:35:36 PM
From: pcstel  Read Replies (2) | Respond to of 29987
 
RS... <<give each s/h the right to buy an additional share for 1$>>

Where do I send my check for $31,000??

If LOR only went up 1/4 point on the deal.. I'd be at break-even on the transaction.. Sounds good to me BUT, you have to get rid of those greedy SP's lucrative deals!! It makes no sense if the SP's (who have possibly invested the least, still keep their $1 a minute).. One of G* main user acceptance problems is "high per minute pricing" via the greedy SP's..

PCSTEL



To: Rocket Scientist who wrote (19161)11/8/2000 4:47:56 PM
From: Tahoetech  Respond to of 29987
 
>>>Instead of an outside investor swooping up 26% of the company for 260M$, give each s/h the right to buy an additional share for 1$. That would raise 300M$+, and be less dilutive to the s/h. The rights would be tradeable, for those who couldn't pony up an additional investment. <<<

You are a tantalizing man, RS...but, I suppose we will just have to see how this plays out...


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