Globalstar Inc (GSAT)

[E E Euthanasia]

Why yours truly bought (yet) more GSAT today (2/14/18):

today's GSAT BUY was made strictly based on the "it's cheap, ignored AND HATED" GUT INSTINCT (that has served yours truly most well over many decades)

The "GUT Confirmation" of this came when yours truly saw the following posting on the y! GSAT board:

"Boy, the all time cheerleaders on the FB board have turned verrrrrry bearish - does that mean it is time to buy?"

The Answer IS/WAS a resounding YES!

it's been yours truly Real Life Experience THAT "these (spectral) things" Just Take Time -- both in business "in general" and more/most specifically in the spectrum authority approval arena -- it OFTEN AND USUALLY takes MUCH LONGER than ANYONE ANTICIPATED to come to fruition/bear fruit.

ERGO, given yours truly's past experiences of "Regulatory Wrangling & Process", viz: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125188246 In This Process it is ALL ABOUT: CONVICTION, FORTITUDE, PATIENCE AND STAMINA and so da name of da game/par of/for The Course "here".

AND FRANKLY, NO ONE is gonna make ANY offers or deals -- of any kind or flavor -- without the THE INTERNATIONAL REGULATORY APPROVES BEING IN HAND METAPHYSICAL CERTITUDE like, viz.:

FIRSTLY, NO SANE/RESPONSIBLE PERSON OR PARTY is gonna consummate ANY deal on a piece of real estate without the owner of said property having a confirmed/valid DEED FOR THAT PROPERTY IN HAND with...

SECONDLY with a surveyor & building/property inspectors report having metaphysical certitude of exactly of where the property line boundaries are and that it's structures are safe, sound and all up to code...

THIRDLY, if there were/are "minerals of value" on the land and therefor rights to said minerals were/are involved, any prudent property buyer or lessor would also demand -- with axiomatic factual proof metaphysical certitude -- that there IS gold or oil or whatever “precious metals or substances” are present AND ADDITIONALLY any sane prospective buyer/fiduciary would demand to have A Very Sound Idea of just HOW MUCH gold or oil or whatever “precious metals or substances” is "mine/extract-able" from within the property lines!

in GSAT's case these spectral/frequency "property lines" are ones of the nation states/national sovereignty -- i.e. an autonomous sovereign states/nations.

ERGO, the holder of the deed POSSESSES METAPHYSICAL CERTITUDE CONFIRMED MINERAL RIGHTS TO "MINE"/MAKE USE THEM!

IN GSAT's case, Da "Minerals" is DA SPECTRUM — which just happens to be world-wide AND harmonized!

the first National hurdle was cleared when our dearly beloved FCC on August 4, 2017 issued GSAT the US license mods/rights to TERRESTRIAL use their “here”

NOW, we all just need to continue to patiently sit and wait for the applied for international licenses (nee "deeds") to come through -- just like it took for that to happen in the US!

it's this realists view/thinking that anyone would be a DAMMED FOOL (circumventing their fiduciary duties/responsibilities) to consummate a buyout or any kind of deal or partnership of/with the company -- just as in the above case of the property example above and the metaphysical certitude of its land, 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 Jay Daddy Warbucks Monroe would be needlessly tossing/flushing 10's of millions more of his capital down the proverbial toilet/into the co… instead, Jay would have saved/kept and let the co go into BK... ERGO, that is Exactly The Case where the $$ has plainly talked AND THAT it says/speaks volumes to this LONG shareholder.

oh, and unlike most co's primary investors -- who get/hold/receive https://www.investopedia.com/terms/p/preferredstock.asp for their https://www.investopedia.com/terms/c/capital-injection.asp 's, Daddy Warbucks Jay Monroe -- for all the 100's and 100's and 100's ... of MILLIONS of $$$'s he's continually and relentlessly put in the co over the years, Jay stock holdings is/are precisely https://www.investopedia.com/terms/p/pari-passu.asp with us "lowly/retail" https://www.investopedia.com/terms/c/commonstock.asp "common investors/holders".

https://www.investopedia.com/ask/answers/difference-between-preferred-stock-and-common-stock/