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This link is purely informative for other forum members to review and develop their own viewpoints. You should not delete links that I have shared regarding WRSPQ. This forum is for sharing information regardless of personal views.
You have deliberately removed my posts with no regards to other forum members.
The link that I posted this morning is copied below.
http://buythissatellite.org/team.php
This is a relevant link as CEO Noah Samara is listed as one of the organizers and this could potentially explain the sale of the WRSPQ satellite system.
http://buythissatellite.org/team.php
http://buythissatellite.org/team.php
This seems to be Noah's new adventure with the "clunkers"!
Good luck everyone this should be an interesting week ahead.
http://www.kingofalltrades.com/2010/08/30/sirius-xm-nasdaqsiri-liberty-capital-nasdaqlcapa-lcapb-and-worldspace-revisited/
This is an old article but seems relevant now
Does anyone have more news on wrspq chapter 7?
So I think it's safe to say that Liberty has controlling interest in Sirius don't you all think ? Maybe , liberty will fold it into the wrspq shell?
Wow Someone is really flexing their muscles with satellite technologies today.
Thanks for the info greatly appreciate it
I will agree with you NY73. The ship sank and Malone has been holding on to our bow rope to keep us from becoming fish food. He's the good guy I wish folks would understand his business brilliance. If he lets go of the rope it was because he knows that the hull can't be repaired. However, he has provided many life boats for us if we dare to explore the unknown.
No doubt Worldspace was in "shambles". I bought more shares when we unloaded those satellites to Noah. I was concerned that the maintenance of those clunkers would send us to Chapt 7. I cheered knowing we got 5 million for the satellites and some old office furniture. See the thing is that with the new Thales, SES, Alena, etc etc satellites in orbit, we don't need the extra man/woman power to push content Globally. Who needs that stuff? We merely need the synergy, legal agreements, handshakes included with global partners. We may not care about worldspace in this country but to other countries like Africa and India, worldspace brand is extremely valuable. My investment strategy in WRSPQ has been to think globally and not just as American economy delegates. I also like thinking,"what would John Malone do?". So far, my speculation is right on target. I am still in this game. Even if I lose, I believe that WRSP was the pioneers. I am going down with the ship so to speak.
This is sort of fun in a sick kind of way! To all my wrspq long friends. Don't panic yet I do believe this is another brilliant move of Dr John Malone.
I guess because I live in this world I find it very hard to believe any satellite technology company regardless of present day financial difficulties will go bankrupt. This technology is about to explode. Again, I think this is just a clean sweep for Malone to ride in and take 1worldspace to new heights. He is not going under on this investment. It is something that had to be filed and I am doubtful that it is the entire Worldspace entities. We still have agreements in place with Switzerland, Fiat, etc. those are valuable and many know that 1worldspace is the perfect "shell" for a global media provider. Don't count your loses just yet! We have NOLs and lots of them!
Didn't wrspq debtor in possession money come from John malone's LLC that he set aside from Liberty? I think this is part of his game plan. He so good at this stuff. I am going to sit tight for awhile longer. This for some reason is intriguing given the Sirius takedown. Maybe Malone is about to belly up to the table and make a clean buyout to prevent Chapter 7. He did it for Sirius. Call me crazy but this filing is not worrying me at the moment. The timing is too consequential. I need more news than just an IHub post. This is really intriguing me.
Hey Bob, what's the filing number on that document filed with the court?
Kind of makes you wonder about our Bankruptcy court system if they allowed them to remain in Chapt 11 with no real plan. I am holding until they go to court and it's a done deal then I guess I will laugh at life and go on to the next adventure. Meanwhile, I am going to try and track down the filing which should be public correct?
Did the notice give case numbers? I am still not convinced that this is all of Worldspace, maybe some of the entities. I wouldn't think a Federal bankruptcy judge could allow a total Chapter 7. There had to be a plan somewhere. I wouldn't try to bail just yet. There are too many twist to this story. Plus, they are asking for Chapt 7 consideration and someone would want those licenses and NOLs! Even if they were opening a snowball stand.
I thought the plan deadline was dec312011? Why would the bankruptcy court allow them to continue? Are we sure it's all of the Worldspace cases and not just one specific case? Oh well so much for our grand party. Life goes on!
Ny73 only sold satellites that were in orbit and we don't know yet what happened to licenses or stored satellite right?
No link, you are either in the know or you are not. May I suggest you research overseas collaborations ongoing. Everyone do your own due diligence and consider all possibilities. I am long with WRSPQ.
Not misleading just do not want new forum member to consider your side and not consider my speculation that 1worldspace is alive and well. Thus, the reason why the bankruptcy judge has not ruled that 1worldspace is no longer a viable company. There is no need to post any links unless you have a link from Delaware Federal Bankruptcy Judge saying in fact that 1worldspace did not reorganize according to Federal Bankruptcy Law. And in case you didn't notice WRSPQ is still trading. Is that in itself not proof enough? Hold hold hold your WRSPQ stock!
And books from 1940 are still read and viable! Next!
Are you sure there are NO broadcast anywhere? You are not connected are you?
No LoveTrades, I want everyone to Consider a global media collaboration with SiriusXM, Apple, satellite technology providers, OnDAS Media, Fiat, and more. I want folks to hold their shares and consider That no news and/or new info on the web is a great thing. If you were about to launch one of the largest global media networks of all time, you might be likely to keep it guarded like a stealth secret. Hold hold hold WRSPQ.
This page has a current copyright
According to last financials they paid down debt and according to SEC insider stock ownership was reorganized.
The company is in reorganization and will possibly emerge as a Global Media Provider like we have never known. I remain very positive about my investment in 1worldspace.
Worldspace is still trading as wrspq
Good thoughts NY73! Interesting!
NY73, what's your take on who is getting the fees from this gig (see link)? Just wondering what your thoughts might be.
http://www.moneycontrol.com/news/features/worldspace-radio-is-back_566645.html
I still feel very confident in this investment. Malone invested 21 million into WRSPQ which is nothing to his wallet, but he seems to be a person that hasn't failed. I do have a large investment in WRSPQ. I hope for the best and look forward to news soon. It has been a long wait. I am still of the opinion that companies providing any licenses and/or programming is going to reap their rewards soon enough. This technology is about to move into the next dimension in my opinion.
Thanks for the advice NY72 I will let you know if I can get any info from the attorneys.
That's not proof, how do you know there are no employees. The last published financials stated otherwise. You are not providing proof. Why hasn't the Federal Bankruptcy reported a defunct company? You are trying to scare folks into selling their shares. It's not going to work.
Wait are you speaking of PIR or 1worldspace? 1Worldspace is still trading and bankruptcy is chapter 11 so they are still kicking! And, PIR is not a fantasy. And I am not trying to argue with you. Show me proof that 1worldspace is defunct.
No not dishonest call them!
1worldspace has global licenses to broadcast, signed agreements with FIAT, and over a billion in NetOperating Loss (NOL). Certainly, we can see the value of 1worldspace as a "shell" for spinning off new global media providers. At this time, when satellite technology and research is in the forefront, no company with 1worldspace's partnerships and synergy is going to fail. We are about to be exposed to decades of research and innovation. 1worldspace in my opinion has continued to be visionaries of this technology. 1worldspace's continued pioneering of global communication is about to become a reality and global economy will boom because of it. Why do you think the collaboration of many has been guarded with stealth like secrecy? It's not just about the US partners or the SEC. This is a global impact. A new chapter in the history books. This is going to truly bring together all cultures. It's a big deal! Come on Dr Malone, flip that switch!