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

To: Jeff Vayda who wrote (21760)	2/2/2001 12:10:59 PM
From: Ilaine	Respond to of 29987

Just received info from Iridium service provider on activating old Iridium phone for new service. Service will start around March 31, 2001. Need a new SIM card, $50, buy now because they may run out. Plans: Standard plan: monthly access fee $34.95 a month, outgoing calls $1.35 minute, incoming calls free. Emergency plan: $14.95/month, outgoing calls $1.68 minute, incoming calls free. Plan 50: Monthly fee $80.95, 50 minutes free, $1.62 minute, incoming calls free. I am not going to type them all out unless someone asks for the rest, there are plans for 100, 250, 500 and 1000 minutes, and a corporate plan for 20 users minumum. Call Chandra Birdwell, World Communication Center. Website: wcclp.com

To: Jeff Vayda who wrote (21760)	2/2/2001 1:11:27 PM
From: pcstel	Read Replies (1) \| Respond to of 29987

Jeff.. I believe the rules that were "written" are basically the same rules that other Bond Offerings are "written" with!! With maybe a few changes!! But, Q and L (together) have created a "corporate structure" where the assets of the corporation, Have little or no commercial value without the cooperation of the "suppliers of the key technology used", and the "owners of the unique revenue generation enabling technology i.e. "Gateways". Whereas. Iridium was structured in the same matter. However, the bondholders "Mistakingly" did not understand this "complex" corporate and technology structure.. So they pushed the Big BK button.. Because they thought that Iridium had "Huge Commercial Value".. However, they learned their lesson the hard way!! Just as Globalstar's Bondholders must look at the current situation and look at what Iridiums' Bondholders received, and decide if it is in their "Best Interest" to file a BK petition.. or see what Blackstone can come up with? If there was going to be a "Cash Grab" by the Bondholders.. Then time (and Cash) is wasting away!! IMO, PCSTEL