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Re: MGTY1 post# 883

Tuesday, 01/05/2010 2:43:57 PM

Tuesday, January 05, 2010 2:43:57 PM

Post# of 4759
MGTY...interesting...what technology is Worldspace a leader? They are running very old satellites. I think Sirius XM is way ahead. I think this is about the spectrum licenses, nothing more. I kinda hope I'm wrong, because they can probably get the licenses by liquidating I think. It might be cheaper for Malone to pay off the other creditors a little more than they'd get in a Chapter 7, then they drop out of the picture, leaving Liberty to structure something. Is it a)liquidate and own the hardware and licenses, or b) restructure wrspq into a going concern and use the NOLs and hook up with Sirius XM. Let's hope for choice B!
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