TerreStar Corporation (fka TSTRQ)

[Gotusucka]

"In a June 15 submission to the New York bankruptcy court handling the case, TerreStar said Dish’s offer is more than $150 million higher than TerreStar’s own December 2010 assessment of its value as part of the Chapter 11 proceedings. It is $90 million more than TerreStar’s entire debt load projected through next September. "


Try to understand what this means: It is $90 million more than TerreStar’s entire debt load projected through next September