Replies to post #753 on TerreStar Corporation (fka TSTRQ)

[stockreaper]

DBSD went for $1.48 billion to Dish. Tstr has the same spectrum (other 20 mhz of S-band), plus a sat in space, a spare sat ready to be sent into space if needed, the 1.4 spectrum, and the genus phone developed. So Tstr should sell for more than DBSD. Debt is around $1.5 billion, give or take. Look at how much ICOG went up after the sale of DBSD.

[stockreaper]

DBSD went for $1.48 billion to Dish. Tstr has the same spectrum (other 20 mhz of S-band), plus a sat in space, a spare sat ready to be sent into space if needed, the 1.4 spectrum, and the genus phone developed. So Tstr should sell for more than DBSD. Debt is around $1.5 billion, give or take. Look at how much ICOG went up after the sale of DBSD.

[Long-vestor]

Value in this space ship and it's network support, ought to be a bit on the brighter side. A Sat that's hardly used, has another 12 or more years of expected life. Is really, based on the Holding corps;TerreStar Global, Trio 2 General Partnership, TerreStar Networks', SkyTerra, preferred outstanding and it's income partnerships, or future generation of income, which is not included as part of its intangable assits, totaling 1.4 billion. and finnaly it's ratio to common.

I read somewhere that some preferred were 1,000 to 1 bucks worth of 1 common, or something like that.. It is probably adjustable too. so where value to ten cents is probably 10,000 to one share currently.,, if this is ajustable, you'd need to know that too.

So, 1 think that's about a guarantee the commons are going to be out of 'luck'.. Yet, there's other other corporations who hold underlying interest stake. In a liquidation of assets, It would be a good idea to discover what the other units, holding companies have in total interest, and whatever, if any outstanding loans that are not secured with warrent or perfered/common stock, then spread the value remainder to the outstanding preferred.

Now, I'f there's moneys left over of whatever over 1 billion dollars worth of insider stock, holding, or reserved and outstanding loans which are not secured with warrent. The commons, ought to be able to support a value interest.

Has anybody ever broke down the entire debt ratio and the total breakdown of value into the common share outstanding to discover, in the event of a complete liquidation or assit ownership transfer what cents the commons 'might be' worth?