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

To: Geoff Goodfellow who wrote (27690)	3/21/2010 8:38:49 PM
From: pcstel	Read Replies (1) \| Respond to of 29987

Let's see how these figures stack up against the "Dearly Beloved" in it's final gasps of breath.... Strictly as a Financial Comparison 1YR as of December 31, 2009 (ttm) vs. GSTRF December 31,2001 Globalstar Inc. (GSAT) vs Globaltar Telecommunications (GSTRF) (DB) Interest expenses GSAT - 6.73 million GSTRF - 381.1 milion Debt /Preferred Stock Obligations GSAT - .465 Billion GSTRF - 3.375 Billion Revenues GSAT - 50.22 million GSTRF - 6.2 million Operating Loss GSAT - 53.8 million GSTRF - 198.8 million Maurice claims the only problem was.. Was that the price of service was too high. Personally, I think it had more to do with the 3.3 Billion in debt and the 381 million in annual Interest Expenses.. Interest accrued at over 1 Million Dollars A DAY in comparison to GSAT accruing interest at slightly over $18,000 per day. PCSTEL