Replies to post #7571 on TerreStar Corporation (fka TSTRQ)

[trader111]

should be defitnately a sticky!

[sssneo]

"ThePennyTrader" GREAT SIMPLY PUT!! MUST READ!!
Please refer to post #7571 as a court doc pic is included.

A correction I must point out:

1. TSTRQ owns a company called 1.4 Holdings, and they are being paid $2,000,000 a "year"

... should be "MONTH." per the court document pic.

Repost with the correction and court doc pic ... and it should be stickied imo

[The Penny Trader]

I have found a clear and obvious source of revenue for TSTRQ that hasn't been shown yet but will, when the new financials come out.




Lets review what is being said here:

1. TSTRQ owns a company called 1.4 Holdings, and they are being paid $2,000,000 a MONTH in licensing fees by One Dot Four Corp. It also says they were prepaid up until last month. IMO they are going to re-license and have that same stream of money equaling $24,000,000 a year in revenue. Remember that is only from ONE deal.

2. Thenn, it explains how TSTRQ owns 89% of the TerreStar Networks Inc. indirectly, and that it is a distinctly separate operating system and business (This is important because this means that TSTRQ can be successful without this asset). Also This is going to clear all TSTRQ's debt in relation to TSN, which will cause a major weight to be lifted off the company's shoulders allowing it to move forwards, progress, and thrive.

3. They went further to say that they expected to sell this ownership. In other words they were going to sell off the company because it was weighing them down with debt, even though they had good technology. That is why DISH was so interested, the technology. This may seem simple but it is important to note that when you sell something you own (a subsidiary like TSN for instance), and there is money left over (a gain) after the debt has been paid off, that is a positive situation for the company, whether it is paid down to the shareholders or it is invested into further operations.

In my opinion only good information has been out for TSTRQ. People need to open their eyes. Look at the financials. See what it's really all about. More info will be out soon. I am sure of it. TSTRQ is in the spotlight right now. DISH is a big company and gave this company some clout. I wouldn't be surprised to see a bunch of new deals for TSTRQ with the assets they still hold and currently operate, and I would be even less surprised to see them emerge from bankruptcy and grow and expand.

Do your own DD
Good luck to all the TSTRQ holders, you will be rewarded.
Hopefully we see this trading as TSTR sooner than later.
Here is the link to the document that I took the image above from.
TSTRQ OFFICIAL LINK

[ASCENDANCY10]

That is just fantastic dd! This is so much better and bigger the we and most lot of people realise!! A sincere thank you for showing people why we will be in dollar land soon with tstrq shares!!

[Icanslim]

I have not doubt they will emerge from Bankruptcy Chap 11...the question is will the commons remain intact or will they cancel those and issue new A/S, O/S?