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


To: Jeff Vayda who wrote (22926)4/4/2001 1:56:35 PM
From: Win-Lose-Draw  Respond to of 29987
 
now they are going to go to court and complain "Globalstar is paying off their bills!"

Yes! Absolutely, Yes! Bills payed right before bankruptcy are subject to review by the bankruptcy court and can be "unpaid". Which is absolutely the right thing to do.



To: Jeff Vayda who wrote (22926)4/4/2001 2:12:51 PM
From: pcstel  Read Replies (1) | Respond to of 29987
 
Jeff:

I don't think payments for "spare satellites", and Ground Network maintenance (Hey, why don't the SP's pay QCOM for the maintenance of their own Ground Stations) is considered vital..

PCSTEL