WorldSpace Inc fka WRSPQ

[jel2maine]

WorldSpace, Inc. (WRSPQ: Grey Market) | Tier Change
Thu, Mar 13, 2014 12:00 - WorldSpace, Inc. (WRSPQ: Grey Market) - Tier Change - The symbol, WRSPQ, no longer is classified as OTC Pink No Information. As of Thu, Mar 13, 2014, WRSPQ resides in the Grey Market tier. You may find a complete list of tier changes at otcmarkets.com.

http://stockalyzing.com/pink-otc-market-news.html

[topdowg11]

jel 100% agree cannot find anywhere that i am wrong for over ayear now,i am in fact confident.How that is possible w/ these circumstances is beyond me!!

[jel2maine]

YUP that was exactly the document I was referring to. Pretty much the smoking gun. Pay very close attention to the wording of page 9 second bullet point.

[RMAN_]

http://www.itu.int/ITU-D/asp/CMS/Events/2012/NBTC-disaster/S5B_Nuwan.pdf

BAM!

Sure looks like they are planning something, just not sure what it means for this stock.

[RMAN_]

http://www.acma.gov.au/~/media/Spectrum%20Transformation%20and%20Government/Issue%20for%20comment/pdf/Asia%20Space%20Planning%20for%20mobile%20broadband%20within%20the%2015%20GHz%20mobile%20band.PDF

2.
Do you support no change to current arrangements in the 1.5 GHz mobile band or retention of
specific existing arrangements?
The 1452
-
1492 MHz segment is a co
-
primary global allocation to the broadcasting and broadcast
satellite services
to support digital broadca
sting services.
Consequently, AsiaSpace considers
that
t
here is an ongoing requirement to support the existing national allocation for this purpose

Asiastar sat.
http://www.satbeams.com/footprints?norad=26107

[jel2maine]

I've seen that letter a bit ago there are many others like it buried in Google for other subsidiary's as well. There is no doubt in my mind that something is either going on or went on already how it will end is another story. Bad or good we'll eventually find out. FWIW if you compare us and the other companies listed that the SEC halted for lack of current information,......How many of those company's have spectrum (if we still own the spectrum) worth BILLIONS & have their debt own by a multibillion dollar media company? A multibillion dollar media company that has a LOOOOONNNGGGG history of making extremely complex deals & have publicly stated that they “think that could be revisited going forward”. Light Squared is soon emerging from bankruptcy I think their POR value's the company at 7.7 Billion dollars, pretty sure they own L band spectrum similar to ours that only covers 312 Americans, not only that they own less capacity as well they only have 34 Mhz and "we have" 40Mhz.

[RMAN_]

I was trying to see if I could find similar steps taking place in other countries.
The search is difficult in some counties.
If anyone else wants to take a stab at it.

Maybe the AT&T deal is similar to that.

[RMAN_]

https://www.avoxdata.com/portal/entity-search;jsessionid=A91108AE15B4481D2C94B8DB57C10AD6?q=WORLDSPACE

http://www.acma.gov.au/~/media/Spectrum%20Transformation%20and%20Government/Issue%20for%20comment/pdf/Asia%20Space%20Planning%20for%20mobile%20broadband%20within%20the%2015%20GHz%20mobile%20band.PDF

https://www.avoxdata.com/portal/entity-search?q=sirius%20xm

Something going on in the back ground.
Why does Sirus XM have a global identification number?
Looks like Asia space is trying to get spectrum in Australia.
Broadband was mentioned.

[Celtictrader]

I guess that's it for this one. Put the final nail in...R.I.P.

[topdowg11]

nol,s alone should make this viable,but i think maffei was talking about something else!

[jel2maine]

If it is then so be it.

[lucky, mydog]

I would hope after March 24th we would get some type of update on the mysterious status of this company

the update you will get will not likely please. it will be a notice from the sec that the registration is revoked.

[jel2maine]

Oh gotcha sorry I misunderstood what you were trying to say. I guess we'll see if we meet the reaper or the light eventually. Good luck all.

[gumzsa]

yes I know that been doing this a long time was only talking about suspension aspects of it. Someone was buying the crap out of this stock BK or not now no one can do anything thanks to the SEC.

[gumzsa]

yup I know i hold alot of stocks and have had tons suspended

[jel2maine]

That isn't my point. You made a comment about 95% of the companies that you held that were halted by the SEC did not end well. I was just pointing out that most companies in BK usually don't end well regardless, so the numbers were never in our favor from the get go. Even if you or any one else traded it well or hold shares that are in the green (for now) the numbers for companies that common shares survive BK are probably under 5%. The numbers were never on our side lol

[topdowg11]

that was just over a year ago when he said that so there was some potential at that point.so is there any now, inquiring minds would like to know!!

[TenKay]

Only 1 or 2 out of thousands of suspensions over the last five years have ever come back. Also only SEC filers can be revoked. Non-filing tickers just go dormant. Eventually the ticker is removed...after a long period of time with no activity.

Suspension of a pink sheet stock is a death knell.

Sorry.

[jel2maine]

“I think that could be revisited going forward,” Maffei told the crowd of analysts.

Maffei says former Sirius XM chief Mel Karmazin was “less excited” about the international potential — but once they’re in control they’ll take a new look at the opportunity.

[gumzsa]

Numbers actually were in our favor. Not sure about you but i was pretty green on my shares.

[topdowg11]

malone dust it off,and reveal to us what is still there!or walk away!

[jel2maine]

Yup, that's exactly the way I look at it.

[topdowg11]

jel i agree,we cant find out anything,does wrspq still control the bandwidth or not.maybe this will force their hand!!

[jel2maine]

We bought a bankrupted companies stock. When were the numbers ever on our side? Just sayin'

[gumzsa]

No didnt want to buy or sell been holding for years. I have had about 65 suspensions in the last year and 95% end up getting revoked which is why i dont like seeing stocks suspended. Percentages not on our side.

[jel2maine]

I don't think its a necessarily bad thing unless you wanted to buy or sell. For most of us who have been holding on this for a while now, I would hope after March 24th we would get some type of update on the mysterious status of this company. I think we all knew the risk associated with buying this "lotto ticket" so maybe we'll good an update bad or good.

[gumzsa]

sick of the SEC BS. They let all these OTCQBers dump billions of shares RS then do it all over again just because they file. Meanwhile they suspending companies and shells that dont dilute for not filing even though the definition of pink sheets is companies are not required to file. Its horseshit!!!


from investopedia


Definition of 'Pink Sheets'


A daily publication compiled by the National Quotation Bureau with bid and ask prices of over-the-counter (OTC) stocks, including the market makers who trade them. Unlike companies on a stock exchange, companies quoted on the pink sheets system do not need to meet minimum requirements or file with the SEC. Pink sheets also refers to OTC trading.

[jel2maine]

Kind of typical for a pink that hasn't updated their SEC filings in many years.

"It appears to the Securities and Exchange Commission that there is a lack of current and
accurate information concerning the securities of
WorldSpace, Inc.
because it has not filed any
periodic reports since the period ended
June 30, 2008"

"commencing at 9:30 a.m. EDT on March 11, 2014 and
terminating at 11:59 p.m. EDT on March 24, 2014"

Not really sure how these things are handled but IMO I would guess by March 24th they would have to update with some type of financial statements or 8K with some type of update. I'm not really worried........yet at least.

[gumzsa]

suspended wtf!!!


7. WorldSpace, Inc. (“WRSPQ”) (CIK No. 1315054) is a forfeited Delaware
corporation located in Silver Spring, Maryland with a class of securities registered with the
Commission pursuant to Exchange Act Section 12(g). WRSPQ is delinquent in its periodic
filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for
the period ended June 30, 2008, which reported a net loss of $72,784,000 for the prior six
months. On October 17, 2008, WRSPQ filed a Chapter 11 petition in the U.S. Bankruptcy Court
for the District of Delaware, which was converted to a Chapter 7 proceeding on June 12, 2012,
and was still pending as of March 6, 2014. As of March 6, 2014, the common stock of WRSPQ
was quoted on OTC Link, had nine market makers, and was eligible for the “piggyback”
exception of Exchange Act Rule 15c2-11(f)(3).

[Renee]

WRSPQ SEC Suspension:

http://www.sec.gov/litigation/suspensions/2014/34-71683.pdf

Order:

http://www.sec.gov/litigation/suspensions/2014/34-71683-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2014/34-71682.pdf

[topdowg11]

katerics making up stories to flip shares!!

[topdowg11]

ok you flipped shares on all of us and you wont answer i know how you are now!!

[topdowg11]

kateric did not catch that what time did it happen,and were all 40 million between .01 and .0170or what very interested!!

[gumzsa]

no missed that L2 wasnt open for WRSPQ. I will check it out monday see if it still there.

[kateric10]

That was odd, did you see there were like 40 million shares on the bid today wanting to be bought? All above .01.

[kateric10]

WOW, look at the bid today! Looks like someone wants a mass amount of shares.

The ask isn't too shabby either.

[topdowg11]

from .09 to dead wow!!

[topdowg11]

it is back on the 52 week high and low. thankyou!!

[bepop12345]

If prices fluctuate during trading hours, some sites only record the closing price for that day. I am not sure if you are talking about the changes that happened that day. Was not home that day, only saw the comments.

[gumzsa]

No clue maybe it doesnt trade enough vol for it to chart. Some days it gets no volume.

[topdowg11]

gumza you see what i am saying,look at the chart on this board nothing shows over .03 go to yahoo front chart nothing shows over .06 why!!!

[gumzsa]

it happened


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97073603

[kateric10]

I am seeing a 52 week range of .005 - .09 on IHubs mobile app, but on on the full site.

A chart shows the .09 here:
http://stockcharts.com/h-sc/ui?s=wrspq

Google Finance shows the .09
https://www.google.com/finance?q=OTCMKTS%3AWRSPQ&ei=PoP6UqD7C-3LiQLZJA

[topdowg11]

.06,.07,.09 not showing on ihub chart and .07 and .09 not showing on yahoo chart maybe it didnt happen?

[topdowg11]

what happen to the 52 week range of .09 looks like it disapeared to me any one else see this and why!!

[bepop12345]

This activity and SIRI expanding internationally. Sure seems there is some connection especially if the NOLs and international licenses and maybe certain bandwidth is owned by WRSPQ.
The reason it jumps so fast and high is because the float is only 48 Mil. This can make you a million in couple of days if it really jumps. I agree someone is hot to trot......:o}

[gumzsa]

no clue if it happens again i think we onto something

[topdowg11]

that is what it looks like to me,however who that stupid to put up a buy if it hits this price w/ that much money?

[gumzsa]

Here's the L2 its like someone put in big buy order at market and it just gapped then came back down to earth.

[topdowg11]

could that have been aprice triggered buy that someone tripped!!