Globalstar Inc (GSAT)

[E E Euthanasia]

INDEED-y, BUT before anything substantive can happen vis-a-vis a merger, sale or the consummation of a domestic (or even international) spectrum license deal, two hurdles remain to be cleared:

#1.) the FCC -- (hopefully/presumably) on "Delegated Authority" to the IB (International Bureau) -- needs to approve the license mod/plans that were submiitted to them back in April. N.B. the last date for filing comments in this process was July 11th, viz.: https://apps.fcc.gov/edocs_public/attachmatch/DA-17-509A1.pdf -- so now, presumably, the IB is busy "at work"/"in process" of getting this approval out-the-door -- at that point the USA spectrum is Good To Go/use.

#2.) the International filings for a license in Those Four Countries... either one or more (or all) of them need to be granted.

The Thinking here is that the US FCC license filing and perhaps one of more of the International Filings were most likely tailored to a specific buyer or spectrum lessors needs/wishes/requirement(s).

There is also the fact that Jay recently bought an additional $33M of stock... unless he was smoking something "funny", that action alone speaks/says for something? talk is talk (which Jay is not known for), but $ is $... and as the saying goes, $ talks & BS walks (or $ speaks louder than words).

The BELIEF here is that there is A Deliberate and Necessary Process going on and that process needs runs to run its course to a successful completion/fruition.

Until THAT happens, peoples nerves and patience's are going to be continually stressed/tested and perhaps to the breaking point.

fyi/btw, as for risk mitigation: this shareholder has already removed (and thus re-banked) the initial investment capital so the only thing to be 'lost' here would be any gains -- not principal.