Globalstar Inc (GSAT)

[Mygolfballs]

855,000,000 shares seems like a lot of shares to get to 10 Bucks (REVERSE SPLIT MAYBE) with the revenues/cost of doing business here. I suspect this will trickle down to the low 2s after a bounce off 1.5 as volume decreases and hope for rulings wane.........Sorry.

DEBT IS HUGE NET INCOME TO COMMON IN THE RED

Revenue (ttm): 88.96M
Revenue Per Share (ttm): 0.10
Qtrly Revenue Growth (yoy): 4.00%
Gross Profit (ttm): 33.08M
EBITDA (ttm)6: 335.00K
Net Income Avl to Common (ttm): -789.68M
Diluted EPS (ttm): -0.90
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 27.22M
Total Cash Per Share (mrq): 0.03
Total Debt (mrq): 631.04M

Market Value1 $2,310,734,452 a/o Dec 15, 2014
Shares Outstanding 855,827,575 a/o Oct 31, 2014
Float Not Available
Authorized Shares Not Available
Par Value 0.0001

DOWNSIDE COMING to S2 under 2 bucks soon imo.