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And owned by a billionaire and just hired Dave Kagan...he is a money maker
Good point. Also Yipi lawyer as well
Great point. Publicly traded company believes so much in Yipi they took stock because they know price is going up as they roll it out to their 700k users!!! Huge money for gsat and Yipi
So you are saying gsat believes so much in Yippy they took restricted shares. Great news
Hahaha so do you think gsat did this deal to not roll it out to their 700k+ and rapidly growing users?
And its $3 or 40% of what GSAT charges which ever is more!!!
Think about the amount of new revenue just from GSAT/YIPI deal. They can now sell an optimized internet experience to all existing customers and future customers. GSAT also owns 20% of YIPI so this could be a huge win/win!
http://www.otcmarkets.com/financialReportViewer?symbol=YIPI&id=148845
2.5 Globalstar Customer Rates and Payments.
(a) Pricing and License Fees. Globalstar Customers will be required to pay to Yippy a fee equal to the greater of (i) (A) for each single use license of the Yippy Software, USD $3.00 for each month in which the Yippy Services are utilized by a Globalstar Customer and (B) for each multiple user license, USD $3.00 per User Terminal for each month in which the Yippy Services are utilized by the User Terminal, or (ii) 40% of total amount paid by a Globalstar Customer for the Yippy Services (the ''Yippy/GS Fee"). The Parties shall mutnally agree to any changes to the Yippy/GS Fee.
I'm just stacked behind you! I think we have seen the last of the 20s...50s next!
I am going to add too!!!
Umm have you been following the stock? Next move is getting thousands of subscribers from a NYSE company utilizing Yippy paying a recurring monthly subscription fee. I am sure financials will be audited because this baby is going NASDAQ...until then no need to pay money for audited financials.
You want to talk about a scam how about the fact that my order at $.34 won't even show up so I tried buying the block at $.349and it won't go through
50,000 new subscribers = 50,000 more potential yippy users. Remember the deal is $3/month/user so those new subscribers alone so could be $150,000/month!!!
COVINGTON, La., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Globalstar, Inc. (GSAT) today announced its financial and operating results for the fourth quarter and year ended December 31, 2015.
Jay Monroe, Chairman and CEO of Globalstar, commented, “Throughout 2015, including through the fourth quarter of the year, we remained focused on executing our operational initiatives and continuing to drive our regulatory proceeding. We added nearly 50,000 subscribers on our network last year, including 26,000 SPOT subscribers. In the fourth quarter, Duplex gross additions increased 29% from the last quarter of 2014 as we focused on an expanded international presence and continued to make increased investments in markets outside of North America. International expansion is also driving our SPOT business as gross additions for the fourth quarter increased 14%. We continued our investment in the second-generation ground upgrades with the installation of the core network equipment and ongoing site-acceptance testing. We have upgraded six gateways with new radio access network equipment, and over-the-air testing continues to proceed as planned. Regarding the FCC proceeding, the docket was very active during the fourth quarter as we provided additional information and conducted tours of our TLPS deployment at the Washington School for Girls in Washington, DC. This real world deployment further confirms the substantial benefits provided by a TLPS-enabled network while also demonstrating peaceful coexistence with other services. Numerous decision makers from the Commission visited the deployment. Finally, we very much appreciate the positive comments from public interest groups filed in the proceeding in late 2015.
Wow Thanks for the update and I think you forgot to mention highest average since Jn 11th and color should be green not red.
Keep up the great work
Wow Yippy has almost doubled in last few weeks and gsat up over 30%!!!
Not for Magna. No shares left and lots of naked shorts out there.
$5 is definitely a possibility
Make sure you have your seat belt on this is about to take off. No shares left bid was $.28 ask $.37...shares are locked up!
Imagine if there was...this could be headed for $1 soon.
The way the bid is stacking up its going to another level anyways!!! A few people join in and then there is no stopping it! YIPI
Wow highest price since Jan 25th!!! Thanks for sharing the great news
Bid is now $.29 yet ask is still $.37...look out this thing is primed for takeoff
Both gsat and Yipi are moving up with higher bids. Satellite/wifi is going to be huge for both companies
Check out the gap up on the bid. All bids are going higher as there are no shares to buy!!!
And if you remember the contract said Yippy gets $3/month per user!!! Think about those numbers and new contracts just mean even more $$$ on top of existing users
Big gap to fill and no one selling!!!
Wow bid is .27 ask is .38. This thing is all locked up. No shares left
This was just posted on the Yahoo message board for GSAT, by a strong supporter of Globalstar and Yippy. If Yippy is receiving revenues from this product...this is just the beginning. This could be a monster for both companies and gsat also owns 20% of YIPI
GLOBALSTAR SAT-FI 2 SATELLITE WIFI HOT SPOT
Product Code: SatFI II Satellite Hotspot
Availability: Pre-Order
$25.95
Qty
Add to Cart
0 reviews / Write a review
DescriptionReviews (0)
INTORDUCING THE NEW SAT-FI 2 FROM GLOBALSTAR
No matter how far off the grid you go, Globalstar's Sat-Fi satellite Wi-Fi hotspot will keep you connected to what matters. Sat-Fi fills the gap when your cellular or radio coverage is gone, allowing you to keep your voice and data communication channels open when you need it the most. With Sat-Fi, you can use your personal Wi-Fi enabled devices and stay connected over the newest and most modern satellite network with coming data speeds of up to 256kbps! Up to 8 different users can connect to a single Sat-Fi for web browsing, email, 2-way texting, voice calls, data, weather updates and much more. Sat-Fi is lightweight, durable, water & impact resistant and fits right in the palm of your hand. Sat-Fi is the last device you'll ever need to stay in touch with family, friends, business contacts and emergency services.
Key Features:
Voice
10-Digit U.S. Phone Number
Email
Text Web Browsing
Weather Application
S.O.S. Alert - With the push of a button, GEOS International Emergency Response Coordination Center provides your GPS coordinates and information to local response teams
Social Network
Photo & File Transfer
Easy to Use Mobile App
Mobile
Water & Impact Resistant
Fastest Data Speeds of up to 256kbps
Connect up to 8 users to Sat-Fi at one time
Compatible with Apple, Android and Window OS smartphones, tables, or laptops that have Wi-Fi connectivity
Specifications:
WIDTH: 74.6 mm
HEIGHT: 35.5 mm
DEPTH: 117.3 mm
WEIGHT: 9.7 oz
SERVICE PLANS: N/A
WATERPROOF RATING: IPX7
BATTERY TYPE: Built-in rechargeable battery pack
BATTERY LIFE: N/A
DATA SPEEDS: N/A
WARRANTY: One year for defects in workmanship
Accessories:
Globalstar Sat-Fi Unit
12V Adapter
International Plug Kit
12V Car Charger
18" Micro USB Cable
Quick Start Guide
Warranty Card
GL to all!!!
Wow this is going to be huge!!!
Gsat plus Yipi is a game changer! Both up 10% today
Wow good news must be on the way. Gsat and Yipi both up 10%
Don't forget to mark today as highest since Jan 25. Thanks for the updates!
Looks like some end of the day buying too!!'
Both taking off today. Look out something big could be happening
Massive bids right now. This can't be good for magna
I love how shares keep getting bought at .2449 yet ask stays at 2500. Hmm Magna printing shares trying to keep stock down
Actually no losses and no reason to feel bad. I'm adding more at these prices.
I think you are right. Big blocks on bid and both green!!!
I might add some more next week. It's a steal at these prices
Plus another 21k at $.235. There are no shares left!!! Locked up
So is oil a scam? Down $90 to under $30