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Probably B.
Don't feel bad. Turrini fooled me, too.
Uh... we've been lied to again?
Nice try. Nice evasion.
Yet you offer not one, single defined step to fix it.
I have reluctantly come to agree with those who claim that the BOD is interested only in making a short-term profit for themselves and Daic while abandoning the rest of us.
FCC urged to squelch LightSquared's spectrum
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By Dan Namowitz
The Coalition to Save Our GPS is seeking the immediate revocation of LightSquared's ability to transmit in its upper band of the mobile satellite spectrum. The company's proposed telecommunications network has become a bureaucratic battleground over signal interference with aviation navigation and other GPS users.
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The coalition filed its request with the Federal Communications Commission on Nov. 8, citing test evidence that it said shows that LightSquared could never be able to use the upper band for the terrestrial operations portion of its network. The FCC should issue a “prompt ruling” that forecloses the option of using the upper band, an action that would “also create a much more constructive and solutions-oriented process for completion of consideration of LightSquared's proposed lower band operations,” the coalition said in a news release.
AOPA is a member of the multi-industry coalition that was formed to resolve the “serious threat” posed by the network to the reliability of GPS, which the organization describes as a national utility used daily by millions of Americans. Those users include “federal agencies, state and local governments, first responders, airlines, mariners, civil engineering, construction and surveying, agriculture, and everyday consumers in their cars and on handheld devices.”
Much of the opposition to LightSquared has focused on its plan to “repurpose” its allocated spectrum to accommodate ground-based signals. Tests ordered by the FCC as a condition of its January 2011 grant of a waiver for the terrestrial component of the network have shown that such use can overwhelm the much-lower-powered adjacent GPS transmissions.
In its filing, the coalition told the FCC that LightSquared has “offered no solution—because none exists—for resolving interference” from upper-band transmissions. The nature of the threat posed by LightSquared's network to GPS was the subject of this AOPA Live interview.
LightSquared has recently launched several aggressive media responses to its opponents, including posting on its website a Nov. 3 newspaper commentary describing the company as being on a “collision course” with GPS. The venture, which describes itself as the owner of “valuable high quality spectrum assets,” is largely capitalized with $2.9 billion from Harbinger Capital Partners, an investment entity that LightSquared characterizes on its website as employing “a fundamental approach to deep value and distressed credit investing.” LightSquared says it is also funded through an additional $2.3 billion in debt and equity financing.
Some members of Congress have called for an inquiry into whether politics helped speed the FCC waiver process that granted LightSquared's initial development of its network.
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http://www.aopa.org/advocacy/articles/2011/111110fcc-urged-to-squelch-lightsquareds-spectrum.html?WT.mc_id=ebrief
Thank you.
An interview with Turrini was posted a while back on Fix Calypsowireless Facebook. Read it. He lied.
You may be on to something here. Kinda' like planning to kill a fly on its 100th birthday...
And when might that be?
I hate to mention this, but you said this two years ago.
Turrini looks guilty as sin. A pity no one is doing anything about it, or has any money to pursue it.
Yet they remain free to continue.
You've been saying the same thing for years. Yet they remain free to screw-up the company and allegedly pillage same.
I refer you to Litton51's First Law of Corporate Dynamics: "No one would fight this hard for this long with such fury if the patents weren't worth billions and billions of dollars."
It's two hours later. No agreement. No announcement. No wonder the pps is down again. Can anyone now doubt that Turrini is a liar and that Williams is willing to destroy the company to get even with the BOD?
Whatever happens will not change the fact that the BOD is, at the last, incompetent in deed and speech.
This company needs our patent. Too bad the BOD is too stupid or too greedy to take advantage of the situation.
===========================================================
LightSquared Update
A coalition of GPS manufacturers told the FCC Tuesday that there is still no reason to think that LightSquared's use of frequencies to provide broadband will not impair GPS signals as LightSquared expands its plans. According to the coalition, "there has been no suggestion that there will ever be an effective way to mitigate interference from its [LightSquared's] use of the upper 10 MHz without seriously degrading GPS performance." LightSquared has claimed that solutions exist for mitigating interference from use of a lower 10 MHz band. The coalition contends that claim has yet to be demonstrated and tested and that LightSquared has plans to move beyond that range, anyway. Meanwhile, an announcement Wednesday shows that LightSquared is doing anything but backing off of its plans.
http://www.avweb.com/eletter/archives/avflash/2053-full.html#205711
Wireless Federation reported Wednesday that LightSquared has entered into an agreement with a provider to enable financial transactions via mobile handsets over the LightSquared network. The partner company, m-banco, says LightSquared's network will turn m-banco equipped devices into virtual wallets to conduct financial transactions in real time, any time, regardless of location. LightSquared has threatened legal action if its system proposal is rejected by the FCC and says inexpensive products have been developed that may resolve the interference problem. LightSquared has also contended that interference problems could be avoided if only GPS manufacturers built their receivers properly, to Department of Defense standards. If the use of LightSquared's network requires the company to expand its frequency band to both lower and upper spectrums considered, it could sandwich the GPS spectrum. The coalition says that situation could create a new problem -- "intermodulation" of signals "in the heart of the GPS band, well outside of LightSquared's authorized frequencies." Click here to read the coalition's full letter: PDF.
.
Was hoping for the settlement agreement signing PR today.
So you say.
Anyone can file a complaint against a lawyer with the appropriate state board of bar overseers. I've done it. They have to respond. They don't have to respond to your liking.
How so?
Thirty-one posts in the last two days either screaming "Sell! You're all toast!" or "These people are all crooks and are coming to steal your children!" Suggests we are close to some sort of positive event.
I'd send you the picture of the bunny with a pancake on its head but I can't find it.
And how do we finance such a suit?
Repost: no sane person would drag this on year after year after year unless the company assets were immensely valuable. That's the short answer. Avoiding jail pales to insignificance as a motive. Because the company stopped meaningful reporting in 2003 we stockholders have no information regarding who may be in the wings ready to buy the company patents. Just sayin'.
I apologize for being confusing. Let me rephrase.
You have posted 1600 times in the past year. You urge -- no, demand -- steps be taken to 'regain control of the hijacked bus (company).'
Fine.
1. Please list the steps, in sequence, you demand to "regain control of the bus."
2. Please indicate the source of money to implement these steps and see them to successful conclusion.
As you can see, I am not trying to bully you, just let you add this information to what you have already posted. Without this input your demands are vapor.
Thank you.
Then let me politely ask why you have posted over 1,600 messages on this board demanding change if you have no concrete steps to suggest nor any way to implement them.
Not to put too fine a point on it, but you are very long on advice to us but very, very short on the specifics of achieving it.
"Regaining control of the bus"? That's like an airline disaster movie where the pilots are incapacitated and a passenger is called up front to help. "All you have to do," gasps the dying pilot, "is fly the route as filed via J141, tie the GPS, VOR/TACAN, and LORAN into the FMS, contact approach control, descend at the proper airspeed and heading, and land with 1/4 mile visibility and a 200 foot overcast (insert death rattle here)."
Fine. So how do we get him -- or anyone -- appointed a director? This has never been satisfactorily explained to me.
Disagree. Not only is the FB page not censored, but it contains posts that are far more objective, IMO.
The BOD asserted that the new, improved company website would keep stockholders current. After three years of silence and evasions, that was just another lie. As I suspected, it was just another cynical ploy to tamp down stockholder anger. Instead, all it did was further inflame shareholders. I warned board members of this about the time the Fix Calypsowireless facebook page appeared. There is just as much consternation on that page, but no one is censored.
The utter failure of the BOD to put anything of use on the "website" is a great disappointment. Again. SirH was taken for a real ride, as were the rest of us.
Then, the logical question is how is CLYW finally going to be worth something if we first have to spend 3-5 years having the current officers removed and jailed? Or are you suggesting they may go quietly soon because of the crushing burden of ever greater interest on their likely crimes? Remember, we're talking tens or hundreds of billions of dollars of incentive to stay and likely years in jail if they do.
The beauty in having a million shares of a company that has no $ share value is that you have no reason to sell it and every reason to wait it out if not actively fight for it. The crooks and bashers just don't get it.
I've learned a lot recently about Mssrs. Turrini and Daic, some men named Carlos and Richard and David, and other fascinating stuff.
Litton51, Long since 2003
We'll know more next week. Either there will be a signed settlement acceptable to shareholders or not.
But the more the bashers scream, "Get out! Get out now!" the more optimistic I am. Only a psychopath would do that unless the bashers were trying to manipulate the stock down for their own gain. If the price remains artificially depressed I'll be buying more as soon as I have more $$ to spend.
Yet you can't seem to pull yourself away. More than coincidence?
Penalties for Misconduct by Corporate Officers
http://books.google.com/books?id=CLBfXVEMB8QC&pg=PA42&lpg=PA42&dq=penalties+for+corporate+officer+fraud+and+racketeering&source=bl&ots=VifwRrlBZ7&sig=upDEbsvmS6jHDTzBLiPy1s2c_Jk&hl=en&ei=Y8myTpWSGMfX0QHM0KjbBA&sa=X&oi=book_result&ct=result&resnum=7&ved=0CFUQ6AEwBg#v=onepage&q&f=false
House Caucus Acts To Stall LightSquared
Congressman Sam Graves, R-Mo., chair of the House General Aviation Caucus, has asked the Federal Communications Commission to shelve LightSquared's request for a waiver until testing ensures that there will be no interference with all types of GPS devices, Helicopter Association International said on Monday. The conflict over the LightSquared deployment is intensifying, as the FCC is expected to rule by the end of this month whether to allow the company to launch, according to NBAA. LightSquared, in a statement on Friday, reiterated its position that it's up to the GPS industry to fix the interference problem by recalling and upgrading their devices.
That may not be so easy, however. In a recent congressional hearing, Tim Taylor, CEO of FreeFlight Systems, said even if the technology is available to filter the LightSquared signal, that doesn't mean it can be immediately deployed. "The idea that a new entrant into the marketplace can arbitrarily introduce a product that immediately compromises aviation safety and security, while expecting the aviation industry to design, manufacture, test, certify and install an aviation compliant filter, is simply not realistic," he said. An analysis (PDF) by the Coalition to Save Our GPS, released last week, claimed that if LightSquared proceeds as planned, the cost to the FAA and the civil aviation community would be about $72 billion.
http://www.avweb.com/eletter/archives/avflash/2048-full.html#205664
Freerepublic.com reports that Obama invested $55,000 in LightSquared a few years ago.