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DLP

07/16/11 4:06 PM

#7575 RE: The Penny Trader #7574

Real nice find...MORE DD THAT POINTS TO TSTRQ EMERGING FROM BK WITH STRONGER BUSINESS...$TSTRQ...

DLP
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blahster

07/16/11 4:55 PM

#7578 RE: The Penny Trader #7574

It was discussed before. 1.4 Holdings is the holding company for the 1.4GHz license. One Dot Four is an affiliate of Harbinger.
From the 10K:

>>"One Dot Four Corp. During September 2009, we entered into a Spectrum Manager Lease Agreement with One Dot Four Corp., an affiliate of Harbinger Capital Partners Master Fund I, Ltd., which, along with its affiliates, is a significant investor in the Company, to lease certain 1.4GHz spectrum for use throughout the United States. The initial lease term continues through April 2017, renewable, at lessee’s option, for two additional terms of ten years each, subject to FCC renewal of the licenses and to early termination under various conditions. We received $3.0 million towards spectrum lease payments during 2009 and recorded $2.3 million as spectrum lease revenue in the consolidated statement of operations. "<<

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sssneo

07/17/11 12:52 PM

#7655 RE: The Penny Trader #7574

READ "TPT'S" POST #7574
TPT could you repost this later today and again tomorrow please.
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ZBud

07/17/11 1:36 PM

#7657 RE: The Penny Trader #7574

Good Find Penny

I would like to add that there is no need to re-license after the pre-paid thru June 2001 is up. They are signed thru April 2017.
That means $24 Mil a year until 2017.

See page 5/6 item 17

http://www.terrestarcorprestructuring.com/pdflib/5_10612.pdf

Bud
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steved_45

07/17/11 6:07 PM

#7679 RE: The Penny Trader #7574

****MODS Sticky this post please!!!