Pervasip Corp (PVSP)

[pistolpete]

Its looking better everyday!~
Posted at 08:41 AM ET, 09/26/2011
The Circuit: LightSquared promises jobs, increased access; Facebook privacy; Netflix, DreamWorks sign a deal
By Hayley Tsukayama
LEADING THE DAY: LightSquared, under pressure amid criticism that the company received preferential treatment from the Obama administration, has launched an ad campaign promising to bring 75,000 U.S. jobs and broadband access to 260 million Americans. The company’s plans for a wireless broadband network have been criticized for its potential to interfere with the GPS satellite network relied on by the military and private industry.

Chief executive Sanjiv Ahuja said in a letter that “99.5 percent of all commercial GPS interference accounted for and solved” and that the company is working now with the GPS industry to resolve the “remaining .5 percent of GPS interference occurring on precision devices that also inappropriately violate our licensed spectrum.”