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I was reading thru some of their SEC documents and they state that they own approximately 100% of shares.
Now what does that mean 95% or 96% or 99.6%.
96% would mean only 1.68 million left to trade
The point is they don't own all of them.
In 2008 I believe there were 128 investors, how many have sold what they had who knows.
If it trades again, could be a big payday if only 1.68 million left.
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.
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
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.
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.
Maybe they are going to list in Europe.
I am just trying to understand the new designation OTN from OTC.
http://www.marketwatch.com/investing/stock/WRSPQ
What does the designation OTN:WRSPQ
mean?
Could not find much about it.
http://finance.yahoo.com/q?s=OTN.Z
new position 35 shares http://www.nasdaq.com/quotes/institutional-portfolio/glenmede-trust-co-na-27215?page=108
https://www.interactivebrokers.com/en/index.php?key=wrspq&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
http://www.abbreviations.com/OTN
http://quotes.wsj.com/XX/XSTX/OTN/index-interactive-chart
If anyone can find anything on OTN: Exchange
Please pass it on here thanks
Liberty third qtr conference call.
21:00 to 22:00 minute mark talks about possible purchases of international distribution and content.
Also talked about trying to utilize NOL's
I think Worldspace has significant NOL's
Have a listen let me know what you think?
http://www.shareholder.com/visitors/event/build2/mediapresentation.cfm?companyid=ABEA-4CW8ZW&mediaid=61684&mediauserid=7544254&TID=2782750111:edc1b2b661eb50c0549d3591180689d8&popupcheck=0&shexp=201311101820&shkey=ee6a19bda2907832c81f17d52a36e59d&player=3
Do we get to .10 tomorrow?
Here is another link.
Looks like they are moving people in place.
http://www.prnewswire.com/news-releases/echostar-satellite-services-names-veteran-engineering-executive-as-cto-185517302.html
Who owners echostar?
Located in Colorado!
Malone, John Malone comes to mind!
John Malone is putting together a global radio company and I think worldspace will play a role. IMHO
We may final get our payday!
Liberty webcast
listen between 19:00 to 21:00
worldspace mentioned
http://www.veracast.com/webcasts/citigroup/imt2013/92213656.cfm
I hope it keeps going!
1.00 would be good for me!
WORLDSPACE trading in Germany?
No sure what this is!
Does anyone have insight on this link?
http://finance.yahoo.com/echarts?s=W1S.F+Interactive#symbol=w1s.f;range=1d;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Are they establishing a new stock price offering?
So is it dead?
Thanks
Would be nice to get something to the upside!
Anyone know if it was several orders or one large order?
Is someone trying to snap up remaining shares?
The volume is more then I have seen!
German stock market also
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=W1S:GR
So
It appears that a shell company will have to report it's financial information to SEC?
Maybe not a shell after all!
http://www.otcbb.com/asp/Info_Center.asp
Check out filings dated feb 2011.
Looks like a partnership
These guys are a big deal!
http://en.wikipedia.org/wiki/Citadel_Investment_Group
I guess we may see something soon. IMHO
The following are some basic statistics concerning the OTC market:
The OTC Bulletin Board market provides access to over 6500 different companies. It is estimated that one third of them will remain on the OTC market after meeting the eligibility requirements. As is often the case, many of the companies that do not meet the requirements and are moved to the pink sheets will file at a later point in an attempt to move back to the OTC.
The OTC market consists of more than 220 Market Makers (as of Oct. 2006).
The Market Makers are the dealers who compete to buy and sell your shares. They set their own bid and asks for the stocks traded on the market.
Most OTC stocks trade for under a dollar and never experience any large publicity. But once they do experience a moment in the spotlight you will see many, sometimes thousands of investors, rushing to buy the stock.
The difference between the OTCBB market and the Nasdaq is that OTC companies do not have listing standards. The Nasdaq has very strict qualifications for letting a company list its stock on its exchange.
The OTC allows any company that files its statements to trade on its market. The Nasdaq requires a company to meet asset and revenue criteria while an OTC company does not need to have any assets or revenues. Many Nasdaq companies that fall into financial hardships are often removed from the Nasdaq due to their inability to meet listing requirements. Once their share price falls and stays below a certain price thresh hold for an extended period they are removed from the Nasdaq and then resume trading on the OTC market.
The most important difference between them is probably that the OTC market does not provide automated trade executions. It is up to the Market Maker to decide if he wants to buy your stock. He can sit and wait and watch the direction of the market or he can simply decide not to buy it.
For more data you can visit the OTCBB Market Statistics.
Want to start trading in the OTC Market? The first step is to analyzing a company you want to invest in. The best way to do so is to take a step inside and pretend that you are its auditor. By printing out a copy of the company’s financials you will now know just as much about them as their own auditor. That is as long as you learn how to read the financials.
Information about stock investing provided by Qwoter Stock College.
OTC Eligibility Rule
To alleviate this issue the Securities and Exchange Commission approved the OTCBB Eligibility Rule. The Eligibility Rule dictated that all non-reporting OTC companies already trading on the OTC market would have to report their financial information to the SEC, banking, or insurance regulators in order to meet eligibility requirements. A phase in period was set for all trading companies starting in alphabetical order from the beginning of July 1999 to June 2000. As the phase in date for a company passed if the company had still not reported its financials the ticker symbol would receive an extra ‘e’ added. A symbol would now carry an extra ‘e’ at the end letting investors know that the company had not reported its financials. The non-reporting company was then given 30 days to report. If the company did not report in that 30 day grace period the stock was delisted from the OTC and moved to the pink sheets.
The benefit of this rule is that as of now any stock traded on the OTC market has publicly available financials. The financials can be accessed through Edgar or through other financial databases. The benefit of this is that in the past a company might have been able to work in the shadows without limited oversight. The company could put out ambiguous press releases with little concern over the accuracy of the announcements. Now that every OTC company needs to file financials with the SEC they are forced to hire accountants and lawyers who are familiar with all the requirements. The management of the public company will go out of its way to make sure that its financial statements are accurate and precise. The SEC would not hesitate to suspend trading in a stock that it suspected of fraud. A suspension would be the smallest of their problems since the SEC would not let any a company off the hook if it participated in fraud.
Read more: Understanding the OTC Market: What are OTCBB Stocks? | Qwoter http://www.qwoter.com/college/Trading-Basics/otc_market.html#ixzz1wt41KStc
Get more advice from Qwoter Stock Tips
So
What is the difference between OTC and PK?
I thought if it trades below a dollar it lists on .PK
OTC? Over The Counter
I would think it needs to trade above a dollar.
Is this correct?
Found it:
OTC stocks are not usually listed nor traded on any stock exchanges, though exchange listed stocks can be traded OTC on the third market. Although stocks quoted on the OTCBB must comply with U.S. Securities and Exchange Commission (SEC) reporting requirements, other OTC stocks, such as those stocks categorized as Pink Sheets securities, have no reporting requirements, while those stocks categorized as OTCQX have met alternative disclosure guidelines through OTC Market Group Inc.
Looks like they have reporting requirements now.