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$GSAT This is the most significant part of the deal. Shows massive confidence by Apple. The headline should be “Deal with Apple and Apple to provide GSAT with 427mil”. Rings a little louder now."

https://twitter.com/GregtheNorth/status/1567634491778146308?t=8j2P_S8ub80vdOkdWsa-rg&s=19

"The forward ratio for the communications services sector was 21.1 as of May 2021, according to Yardeni Research."

"The P/E ratio is a metric well-suited to evaluating companies in the telecom sector because it essentially indicates the market's assessment of a company's growth potential, and the telecom sector is historically considered a high-growth sector.""


https://www.investopedia.com/ask/answers/060215/what-average-pricetoearnings-ratio-telecommunications-sector.asp

"Globalstar expects that its business strategy will allow it to generate reliable cash flow with substantial growth potential and greater profitability. Including the Partnership Agreements and excluding terrestrial spectrum, the Company expects its total revenue for the year ended December 31, 2023 to range between $185 million to $230 million, depending in part upon the Company’s achievement of certain performance and other targets under the Partnership Agreements, generating an EBITDA margin of approximately 55%."

-PR 9/7/22

Company numbers Before 9/7/22 announcement which added significant revenue:

"Debt

Sales & Book Value

Annual Sales
$124.30 million (Potentially $185 - 230 million for 2023, from today's announcement)

Book Value
$0.20 per share (<--- Could be .30 to .40, therefore, as per increased revenue projection and reliable customer/partner)
Price / Book
10.30 (<--- could be too low now for a communications company + substantial Apple partnership) 

Miscellaneous

Outstanding Shares
1,801,000,000
Free Float
639,732,000
Market Cap
$3.71 billion
Optionable
Optionable


"Anyway... Emergency SOS, via satellite, as we mentioned much earlier in this live blog, is confirmed. Custom components and software allow iPhone to connect to the unique frequencies of a satellite miles up in space. The software (a bit like a compass) will help you to identify the invisible satellites in the sky, and point your phone in the right direction to make the most of the limited bandwidth they offer as they speed above your head. It's more complex than just connecting to a cell station. This isn't an option for sending a selfie to your 'Gram then. This is solely for emergency messaging, with Apple working at an infrastructure level to get emergency services out to you. It'll be handy for sharing your location while trekking remotely though.

Free for two years with every iPhone 14 purchase, and launching in the US and Canada, from November. I wonder how much it will eventually cost?

https://www.imore.com/news/live/iphone-14-event-live"

60% of total common shares reported ownership disclosure on 9/7/22 in form 13-D filing:

""11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 
1,077,514,907
 
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ?
 
See Item 5.
 
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
59.85% (See Item 5.)"



Item 6. Contracts, Arrangements, Understandings or Relationships with respect to Securities of the Issuer.

 
As more fully described in the Company’s Current Report on Form 8-K filed with the Commission on September 7, 2022, in connection with the Terms Agreement described therein, Thermo entered into a lock-up and right of first offer agreement (the “Lock-up Agreement”) that generally (i) requires Thermo to offer any shares of Common Stock to Apple Inc. before transferring them to any person other than affiliates of Thermo and (ii) prohibits Thermo from transferring shares of Common Stock if such transfer would cause Thermo to hold less than 51.00% of the outstanding Common Stock of the Company. The foregoing statements concerning this agreement are qualified in their entirety by the Lock-up Agreement, a form of which is filed as an exhibit to this Schedule 13D, Amendment No. 12, and is incorporated herein by reference.""

https://ih.advfn.com/stock-market/AMEX/globalstar-GSAT/stock-news/89010880/amended-statement-of-beneficial-ownership-sc-13d-a


"GSAT SECURITY DETAILS

Share Structure

 
 
Market Cap Market Cap
3,764,090,000
09/06/2022
Authorized Shares
Not Available
 
Outstanding Shares
1,801,000,000
06/29/2022
Restricted
Not Available
 
Unrestricted
Not Available
 
Held at DTC
Not Available
 
Float
Not Available
 
Par Value
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
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Post Subject
#12032
https://twitter.com/GregtheNorth/status/1567634491778146308?t=8j2P_S8ub80vdOkdWs Penny chatter 09/07/2022 10:23:22 PM
#12063
I was educated to the extent of their Woody54 09/30/2022 06:36:17 AM
#12062
Nailed It !! Woody54 09/27/2022 09:25:17 AM
#12061
Definately. It will take a combination of all jimmy667 09/25/2022 12:07:35 AM
#12060
$MULN Has $ 60.93M in cash BottomBounce 09/15/2022 10:26:16 AM
#12059
It’s mostly failures and jackasses who do reverse carusso 09/15/2022 08:53:59 AM
#12058
“It will require Globalstar to allocate 85% of StockLogistics 09/15/2022 07:54:37 AM
#12057
Im betting on both. Personally, I far prefer fuel Glider549 09/15/2022 04:15:40 AM
#12056
welcome. I followed you which I do not jimmy667 09/14/2022 10:22:53 PM
#12055
Thanks Jimmy! Glider549 09/14/2022 03:59:18 AM
#12054
GSAT is a well backed company with some jimmy667 09/14/2022 02:11:02 AM
#12053
So who is this penny stock Apple is Glider549 09/12/2022 07:47:42 AM
#12052
The fact that Globalstsr didn’t get paid billions StockLogistics 09/10/2022 08:45:38 PM
#12051
Is this a 20 billion dollar company? StockLogistics 09/10/2022 08:40:00 PM
#12050
And GSAT estimates that those fees (revenue) will StockLogistics 09/10/2022 03:14:42 AM
#12049
10 dollars a share x 1.8 billion OS StockLogistics 09/09/2022 08:34:24 PM
#12048
What percentage of its services have been allocated StockLogistics 09/09/2022 08:30:48 PM
#12047
$GSAT Globalstar, Inc. provides mobile satellite services worldwide. BottomBounce 09/09/2022 05:36:28 PM
#12046
well BottomBounce 09/09/2022 12:36:09 PM
#12045
so what BottomBounce 09/09/2022 12:34:04 PM
#12044
Oops Penny chatter 09/09/2022 11:59:49 AM
#12043
WOOHOOOOOO WOOHOOOOOO GSAT $10 TARGET PRICE weedtrader420 09/09/2022 11:56:21 AM
#12042
Bad news, 5/12/2022 close at 1.09 is a StockLogistics 09/09/2022 12:10:48 AM
#12041
$GSAT Globalstar Shares Recently Seen Volume After BottomBounce 09/08/2022 05:36:36 PM
#12040
As part of its iPhone 14 release event, BottomBounce 09/08/2022 05:36:08 PM
#12039
$AAPL Apple's iPhone 14 event could herald new BottomBounce 09/08/2022 05:21:07 PM
#12038
$AAPL Apple Will Pay Fees To Globalstar $GSAT BottomBounce 09/08/2022 05:20:01 PM
#12037
12-month price forecasts for Globalstar Inc have a BottomBounce 09/08/2022 04:51:55 PM
#12036
$GSAT announced it will be the satellite operator BottomBounce 09/08/2022 03:28:01 PM
#12035
Looking like a big shirt to start out BreezeWoodAcres 09/08/2022 09:26:43 AM
#12034
Kind of funny you say that because I Amrsto1000 09/07/2022 08:35:02 PM
#12033
Globalstar expects that its business strategy will allow Penny chatter 09/07/2022 06:34:35 PM
#12032
https://twitter.com/GregtheNorth/status/1567634491778146308?t=8j2P_S8ub80vdOkdWs Penny chatter 09/07/2022 06:23:22 PM
#12031
Must be the drugs Penny chatter 09/07/2022 06:13:18 PM
#12030
Terrible news then.. that’s why it tanked. Have tw0122 09/07/2022 05:39:17 PM
#12029
Shares in Globalstar Inc jumped 20% on Wednesday interloper 09/07/2022 04:23:10 PM
#12028
Excellent news folks will start catching on… 52-Week High 2.78 Pivot tw0122 09/07/2022 03:03:00 PM
#12027
“2:07p ET 9/7/2022 - Benzinga StockLogistics 09/07/2022 02:34:51 PM
#12026
8-k out, #Apple and #GSAT, it’s official! StockLogistics 09/07/2022 02:25:23 PM
#12025
Got it! StockLogistics 09/07/2022 02:11:33 PM
#12024
Follow live coverage: https://www.imore.com/news/live/iphone-14-event-live StockLogistics 09/07/2022 01:05:05 PM
#12023
Big volume coming in StockLogistics 09/07/2022 01:02:00 PM
#12022
The promised land has finally arrived - global StockLogistics 09/07/2022 01:00:24 PM
#12021
All IMHO. Do your own DD. BreezeWoodAcres 09/07/2022 12:55:04 PM
#12020
20% gain coming after confirmation. Seeing pop to $3.50 BreezeWoodAcres 09/07/2022 12:54:30 PM
#12019
20 minutes till reversal higher opportunity on 5 StockLogistics 09/07/2022 12:40:10 PM
#12018
You trade options at all? These sept 16ths weasel4339 08/31/2022 08:48:19 PM
#12017
I was very late to the party here. BooDog 08/31/2022 08:44:56 PM
#12016
Good day here. I want someone to talk to weasel4339 08/31/2022 07:31:17 PM
#12015
Artemis rocket to the Moon, the Moon which StockLogistics 08/30/2022 12:52:57 AM
#12014
My shares are at .48 from January 2020. nunaka 08/29/2022 05:21:23 PM
Post Subject