Replies to post #10752 on Globalstar Inc (GSAT)

[E E Euthanasia]

yours truly loathes to make these kinda PFA'd [Pulled From A--] overstuffed arm-chair calls and/or postulations...

HOWEVER, if we examine the co's past "slipped to under $1 per share" history:

a reverse split was summarily approved by the board in 2012, viz.: https://www.sec.gov/Archives/edgar/data/1366868/000114420412049876/v323165_def14c.htm

BUT, AT THE END OF THE DAY -- on Dec 20th 2012 -- the co's management instead choose to stay the course/weather the storm and be de-listed to the OTC rather than pull the RS trigger, viz.: https://www.globalstar.com/en/index.php?cid=7010&pressId=757