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Re: turbodog post# 9386

Sunday, 03/19/2017 10:09:25 PM

Sunday, March 19, 2017 10:09:25 PM

Post# of 12076
From the FB group, this is from a former Regional Sales Manager for Globalstar, moved to a national sales role with another company back in November, but he is still a shareholder in Globalstar. Hope this gives some thought to your question. GLTA

Rich Galasso Let's see...Globalstar has a quarter of the debt, has finished deploying a new satellite constellation, is growing it's business and has this FCC approval on it's large holding of Spectrum that's potentially worth billions.

Iridium has a huge debt that's growing, failing satellites, decreasing customer base, a new satellite constellation that is already 3 years behind schedule and getting even further delayed by the day, and it's future is depending on building and sending over priced tin cans into space on the tip of one of the least successful launch platforms in the history of space.

Sure, that makes sense...
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