here's explaining why GSAT hasn't been purchased yet: this shareholder dose not believe anyone is gonna make any offers -- of any kind or flavor -- without the domestic and international regulatory approves being in hand metaphysical certitude.
it would be like someone making an offer on a piece of property without the owner having a confirmed/valid DEED In Hand -- AND with a surveyor & building/property inspector having metaphysical certitude of where the property line boundaries are and that it's structures are all up to code... AND if there were lets say "minerals" and therefor rights to said minerals involved, any prudent buyer or lessor would also demand with metaphysical certitude that there is gold or oil or whatever (and have an awesome idea of just HOW MUCH gold or oil or whatever) is contained within those property lines AND that the holder of the deed has metaphysical certitude confirmed mineral rights to "mine" them!
ERGO, until our dearly beloved FCC issues the US license mods AND the applied for international licenses come though -- its this realists view/thinking anyone would be a DAMMED FOOL (circumventing their fiduciary duties/responsibilities) to consummate a buyout or any kind of deal of/with the co -- just as in the above case of the property and the metaphysical certitude of its minerals and rights thereof!
oh and one last thing, if there was NO CHANCE of the above happening/coming to fruition, yours truly doesn't think Monroe would be needlessly tossing/flushing another $33MM down the proverbial toilet/into it... instead, Monroe would have saved/kept the $33MM and let the co go into BK... so that is where the $ talks and it says/speaks volumes A LOT to this LONG shareholder.
