TerreStar Corporation (fka TSTRQ)

[pwrballl]

That's right, the deal is FINAL! I don't think DISH would have bid if they thought they couldn't get regulatory approval. 1.375B is the FINAL! sum.

"Secured Creditors"(Bondholders) get 1.26B.

That leaves about ~100M for "Unsecured Holders" which is comprised of PREFERRED! and "commons". The preferred alone is OWED!! 400M+, so they will end of with PENNIES! on the dollar.

So what do you think that leaves commons?... NOTHING!

Even if the commons were to remain intact emerging from BK, all you would have is a Co. pushing ANOTHER! "wireless" phone. They WEREN'T! selling(if at all) that well BEFORE! the BK and I don't think they'll sell AFTER! the emergence.

These are the FACTS!... anybody talking different is blowing smoke up your ARSE!

GLTA!!