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chestercopperpot

10/09/14 8:21 PM

#4291 RE: whassup #4274

It upsets me that they smashed the core satellite business also. Jay Monroe said today they have a global costumer base and its growing. I know of two other global phone companies, so the competition is not that bad in this market. The conference call was very good IMO. The core business has value. TLPS is icing on the cake. Satellites are very expensive. The two other sat companies went bankrupt also before turning things around. Kerrisdale did not mention that. Jay Monroe said he would buy more stock if he were allowed to. He seemed like he was 100% committed to building this business. I don't know what the future holds for GSAT. But Jay monroe said "Now is not the time to bet against Globalstar."