Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeff Vayda who wrote (29808)	9/8/2022 1:38:54 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 29986

Re : (maybe) $1.8 billion, spent in 1998 -- my recollection was : a total of $5 billion (either $3 billion "equity" and $2 billion debt financing, or : the other way around, but still totaling $5 billion) was spent. It is possible that my "recollection" is NOT correct ... Jon. . . .

To: Jeff Vayda who wrote (29808)	9/23/2022 11:20:47 PM
From: pcstel	Respond to of 29986

" This is projected to increase revenue from $124 mil in 2021 to $200 mil (midpoint) in 2023" They must be so disappointed in Covington. I am sure the visions of "Sugar Plum Faries holding $5 GSAT shares had been dancing in their heads" Not to mention the heads of some long-term holders on this board. Big Announcement, Shares surge, raise funding, pay for Satellites and launch costs. Everybody lives happily ever after. Now the stock is down 25%, No Launch Contract, Capital Markets are difficult with LIBOR at 4.70%. Jay even threw a little pocket change at some open-market purchases and his SEC statement about how no one understands the opportunity. Still the stock slumps. And so it goes, PCSTEL