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There is only one public company- AMBS
GTC as a subsidiary can raise money separate from WSGI. A possible plan might be to fund a buyout of Eastcor and have money to set up some ground stations. Huge opportunities with aircraft tracking; vehicle fleets; UHF tracking; terrestrial cell/sat phones;
WIFI, etc. ...IMHO.
Eastcor has same solution set as GTC!
http://eastcoreng.com/solutions.html
Fleet Management Systems
Custom electronic device utilizing On-Board Diagnostics technology for fleet management and monitoring.
Web based Management system provides users with easy to use mapping system to monitor, track, and manage vehicle fleets.
Theft detection and tracking
Speed monitoring & safety
GTC Track works with all sat providers(ONLY SOLUTION AVAILABLE). Maybe designed by Eastcor? Huge opportunity IMHO!
Why use GTCTrack?
GTCTrack is the best tracking solution to merge together all of your assets. Whether it's a fleet of trucks using GSM, aircraft using satellite, and people using UHF, they can all be combined into one solution. Messaging can be relayed through multiple technologies just like they were on the same network.
How much does GTCTrack Cost?
GTCTrack is a modular system where you start with a basic tracking service and add additional features. Therefore you only pay for what you need and not more. Just contact us here for a quote on your project.
What makes GTCTrack different?
GTCTrack is a different product than most tracking solutions because our software utilizes many different manufacturers products. We have brought together the best products available in the market and pre-programmed them for easy deployment. If you already have tracking hardware, we can support it as well!
What about installation and updates?
Updates for our GTCTrack software are done in real-time and online so you get the latest and greatest set of features. Updates for firmware on the tracking terminals is performed over the air if the hardware supports it. Otherwise and simple installer is loaded onto a computer and the trackers are updated on site. Professional, trained staff performs installation so you get the best product.
Can I conceal the tracking from my drivers?
Yes! The trackers can be installed in very discreet locations, and even run off of batteries for an extended period of time if you cannot connect to a power source.
Yes, I will state IMO next time. I like to speculate about how all the pieces are coming together- GSAT and FAA ATC and our new GTC Track Software that tracks airplanes; EASTCOR our engineering partner and the need to acquire them and the fact HULO is a long time board member and invested $100,000, etc., etc.
I speculate just like you!
There is only one reason Hulo, CEO of Eastcor is on our BOD...they are an acquisition target just like GTC. Please note on GTC Track - they monitor /track aircraft- I assume for the new FAA ATC. Some speculate that Eastcor builds sat dishes for aircraft...very interesting.
GTC can't buy Eastcor until the share price is higher...could be soon with some contracts.
Sami, maybe the spares launched in 2007 (integrated into second generation) will satisfy military
2007 Spare Satellites Launches
In 2007 Globalstar launched eight spare satellites for its existing constellation with a view to reducing the gaps in its two-way voice and data services pending commercial availability of its second-generation satellite constellation. These eight satellites will also be integrated into the Company's second-generation constellation which was contracted for in late 2006.
New Globalstar Second Generation Satellite Update
In October of 2010 Globalstar began deployment of its new second-generation satellite constellation designed to restore its industry leading commercial voice and duplex data services.
Three of four scheduled launches of six new second-generation satellites per launch, were successfully conducted in late 2010 and in 2011 with the most recent launch taking place on December 28, 2011. The company is currently planning to conduct the fourth launch of six additional satellites in early 2013. All four launches are being conducted by launch services provider Arianespace, using the reliable Soyuz launch vehicle at the Baikonur Cosmodrome in Kazakhstan. Globalstar plans to integrate the new second-generation satellites with the first-generation satellites that were launched in 2007, to form its new second-generation constellation.
Once the new Globalstar satellites are in operational orbit and the gateway ground stations are activated, the most immediate service improvement will benefit those customers who use the Company's voice and Duplex data services. With each subsequent launch, customers can expect a progressive return to high reliability and service quality.
The new second-generation satellites are designed to support Globalstar's current lineup of mobile satellite telephones, Duplex and Simplex data products and services including the Company's lineup of SPOT retail consumer products.
GTC-USA listed as #1 Ad Sponsor on Google (Ads- right side of page). Since I advertise my company on google, my guess this cost them $10,000 to $15,000 per month!
Fathem, since GTC doesn't own any sat phone technology, it might be interesting if Eastcor designed a sat phone with new capabilities that GTC can sell as their own product. My guess is that this might be in the works...?
HULO might be interested in same terms as the GTC acquisition...she knows exactly what the pipeline is.
I would buy Eastcor and spin off GTC/ Eastcor with an IPO at $15.00 per share.
Fly, I may be wrong but as a subsidiary...debts are separate. I can't imagine David would allow himself to be liable for WSGI $50 Million (less now) in debt!
GTC is the funding vehicle since they don't share WSGI debts! and down the road, maybe a stand alone spin-off company.
Fly, another possibility- Ground Station Joint Venture Funding (company stated they are looking for partner to share profits 50/50)..may provide some WSGI operating funding...?
BeReal...there are many opportunities in the pipeline that we know of:
> GTC Track Web site PR very soon...huge potential imo
> Airship contract as company stated this year (very soon imo)
> Funding for ground stations- $15M plus (no brainer now that the GSAT sats are up!)
> BIB contracts....we know there is a need
From my experience with working with investment bankers, they fund on #1 management, #2 IP, #3 market cap potential. We meet ALL Prerequisites imo.
IMO, The issue now is not to dilute company any further, so funding will happen in stages as we become profitable/solvent. First tier or second tier funding doesn't make any difference at this point in time.We may need a second tier loan to get to first tier equity funding down the road
Fly, I'm hoping for a non-dilutive loan to bridge until we have revenues to attract first tier investment banking interest
Gtel1, last time this happened, we got a BIB contract in a few months. I think things are happening much faster now!
Yes, with Indian Gov't approval
Rattle, GTC supports AT&T, iPhone, Blackberry...
With so many hardware options available on the market, why not use one simple, universal web-based platform to bring them all together? GTCTrack allows several channels of communications options to be integrated into its system, and let's not forget the numerous manufacturers we support as well. From Iridium to Inmarsat, Blackberry to IPhone, GTCTrack can monitor anything, anywhere in the world.
Major cellular providers, such as AT&T and Verizon, support our GSM coverage. The use of GSM tracking hardware provides ideal coverage when in an urbanized setting. Because satellite signal can be compromised when surrounded by tall buildings, or even within one, GSM cellular coverage provides an optimal solution to continually track your assets. Partnering with all major satellite providers has allowed us to offer our clients premium satellite coverage from pole to pole. With a truly global networking system, we are confident that no matter where your business or personal endeavors may take you, we can keep you connected.
GTC appears to be aggressively going after the sat phone/tracking business for all the sat carriers!
Rattle, nice find...this required lots of work. Looks like there is a new SPOT for hazardous working conditions....interesting!
Intrinsically Safe SPOT
The SPOT Satellite GPS Messenger (IS) is a GPS-enabled personal satellite messaging and emergency communications device providing a simple way to help address lone or remote worker safety. Using the same form factor as our consumer-based SPOT Satellite GPS Messenger, SPOT IS has been re-engineered and certified to meet the requirements of hazardous work environments. The easily identifiable blue SPOT IS is certified Intrinsically Safe for use in Class I, Division 1, Groups A-D environments under UL 913 and CSA C22.2 No. 157. These certifications allow companies operating in potentially combustible environments where the presence of flammable gases or vapors may exist, such as transportation, government, natural resources and oil and gas, to take advantage of SPOT messaging functionality. Certification was completed by MET Laboratories, Inc.
http://www.gtctrack.com/Products/intrinsically-safe-spot
This is a risk investment. If we don't build ground stations we don't share in the FAA ATC or FCC ATC potential revenue stream.
you should care because GSAT is our partner...they do well and it opens up HUGE OPPORTUNITIES for GTC...ground stations for World Wide Air Traffic Control, cell/sat service in US, Africa, India, tracking, etc....and someday Stratellites to augment sat comm. which will be saturated soon after sats are in place.
Communications is the next big industrial revolution!
HOG, have you been sleeping?
BBB, I think if GSAT lands FAA ATC, FCC Land Terrestrial (ATC) and WiFi...GSAT could have a sky high stock price! ....and GTC will have great potential. Time for WSGI FUNDING!
Mission Accomplished! Globalstar Announces Successful Fourth Launch of Six Second-Generation Satellites
COVINGTON, La., Feb. 6, 2013 (GLOBE NEWSWIRE) -- Globalstar, Inc. (GSAT) today announced that six new second-generation Globalstar satellites were successfully launched from the Baikonur Cosmodrome in Kazakhstan.
The Globalstar satellites lifted off aboard the Soyuz launch vehicle with the Fregat upper stage at 10:04 p.m. local Baikonur time (16:04 p.m. UTC and 11:04 a.m. EST) on Wednesday, February 6, 2013.
Launch services provider Arianespace confirmed that the upper stage accurately injected the six second-generation satellites into their targeted low earth orbit of approximately 920 km. Globalstar reports that all six satellites have been successfully acquired following separation from the Dispenser and Fregat Upper Stage. Globalstar has begun initial satellite in-orbit testing and all six spacecraft are operating normally at this time.
"I am pleased to announce the successful final launch of our second-generation constellation," said Tony Navarra, President of Global Operations for Globalstar, Inc. "In 2006, we set out to be the first mobile satellite services company to successfully deploy a second-generation constellation of LEO satellites. This extraordinary undertaking took years of dedicated effort and a singularly focused mindset to complete the mission."
Jay Monroe, CEO of Globalstar, Inc., added, "We fully expect Duplex service to be restored to the high level of quality that Globalstar customers historically enjoyed. We thank all of our employees and partners who were able to make this successful launch possible, including launch services provider Arianespace and satellite contractor Thales Alenia Space."
Globalstar expects to place these final six second-generation satellites into commercial service by this summer, with the first two being raised and placed into service by the end of February. These new satellites are designed to last for 15 years, twice the lifespan of Globalstar's first-generation satellites.
The Globalstar second-generation satellite constellation is designed to support the Company's current lineup of voice, duplex and simplex data products and services, including its SPOT-branded consumer products which have initiated over 2,000 rescues worldwide. Globalstar has always been known for its crystal clear, "land-line quality" voice service and for a limited time, is offering unlimited service plans for as little as $40 per month. Please visit www.globalstar.com to learn more.
Over, good post!
Mad, without ground stations GSAT is toast- it's the basis for their second gen growth. The Stratellite is "years away"...is just around the corner. I think being visionary is in order for WSGI investing...after all, it took eight years for first DOD contract.
I think our new funding source will be a non-dilute vehicle with a loan at a reasonable rate (maybe 10%), a stock conversion plan that doesn't allow selling or shorting for a period of time. Our new funding could be eminent with an airship, BIB, ground station contract. Exciting times, IMO.
I'm waiting for a big pharma joint venture that brings several hundred million dollars for clinical test...could happen quickly?
I just jumped in in a small way. From my experience companies don't publish pictures of meetings (AMBS)unless something was up. AMBS wouldn't permit it!
Indy, you would be a good person to spearhead a micro stratellite test system? With a proven test system that reaches 65,000 feet, project money would be no problem...imo.
Yes, launching stratellites is about 1/100 the cost of launching a new satellite
Maybe they are in final negotiations!
Argus One marketing sure would be nice! DOD needs to provide airship contract asap so that we can begin marketing product!
Iridium has record revenue/profits ($400M/ $40M). Their downside is that GSAT can upgrade ground stations whereas they have to replace whole satellite
Iridium seems to be already in use in northern pole flights (GSAT has no coverage here)
Yes, AI can be dangerous...five people died when their heart pace makers got a software glitch and caused heart attack. But Boeing 787 has well over 10,000 computers per plane (cars have over 1,000) all controlled by AI software.
Note: I was an AI specialist for several companies
text messaging combined to next generation ATC ground station (marriage of cell and sat)
Yes, AI software might sort thru data real time and pick out someone carrying an AK47 or IED and alert operator for further investigation.