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


To: ebg51 who wrote (25249)9/26/2002 2:30:30 PM
From: Pierre  Respond to of 29987
 
give the company time to deal with objections to the document.

Must be a couple of bucks left in the kitty they're still looking to spend. "Just a little longer, Judge - pleeeese."

Pierre



To: ebg51 who wrote (25249)9/26/2002 2:32:56 PM
From: Tahoetech  Respond to of 29987
 
>>>In his objection, Moore said the disclosure statement is inadequate because " it is unclear as to whether the debtor is attempting to release third-party claims against defendants" and, if it is attempting to provide a release, "it provides no basis for such a release."
<<

I have my own distorted, conglomerate ideas of what this means but would certainly love to hear your opinion on the above...



To: ebg51 who wrote (25249)9/26/2002 2:40:49 PM
From: Tahoetech  Read Replies (1) | Respond to of 29987
 
by the way, ebg51, I do suspect you have some credibility, the following is a post you sent me back in January...I should have listened...what am I saying, if Navarro called me personally I wouldn't have done anything differently...but...that's just me...

>>I was told by my supervisor that Navarro is telling people he knows to get out of G*. My supervisor says that something (BK) is happening this month. People around here at SS/L are dumping G*. <<



To: ebg51 who wrote (25249)9/28/2002 4:49:27 PM
From: SKIP PAUL  Read Replies (1) | Respond to of 29987
 
The proposed reorganization plan would give noteholders and other general unsecured creditors 97% of the reorganized company's common stock

Does that mean QCOM and Loral together will own a controlling interest in the new Globalstar?