Pervasip Corp (PVSP)

[pistolpete]

LightSquared Says It's Got a Secret Weapon and It's Not Afraid to Use ItThe Setup: The Federal Communications Commission said LightSquared's plans for terrestrial dominance need more tests. Seems their signals, even after they've been switched to a different part of the wave spectrum, may still interfere with GPS systems.

This won't only piss off geocachers and force them to find something else to do, but could screw around with planes, trains, automobiles and even hurricane forecasting, the FCC said, which would just suck.

But, tah-dah! LightSquared said it has new equipment that will make everything work just fine and dandy. But they're not saying what the equipment is or who created it or what it does or even where it's located.