WorldSpace Inc fka WRSPQ

[NY73]

At this point, it's all about the NOLs and whether their value is high enough to keep the company intact as it emerges from BK. With India closed as of Dec 31, there's nothing to WRSPQ but hard assets and spectrum licenses. And, the hard assets include two old satellites nearing end of life, which means they are almost fully depreciated, leaving the 'new' unused satellite in storage as a useful asset. NOLs are the key.