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MGTY1

05/17/12 11:40 AM

#4225 RE: NY73 #4223

No doubt Worldspace was in "shambles". I bought more shares when we unloaded those satellites to Noah. I was concerned that the maintenance of those clunkers would send us to Chapt 7. I cheered knowing we got 5 million for the satellites and some old office furniture. See the thing is that with the new Thales, SES, Alena, etc etc satellites in orbit, we don't need the extra man/woman power to push content Globally. Who needs that stuff? We merely need the synergy, legal agreements, handshakes included with global partners. We may not care about worldspace in this country but to other countries like Africa and India, worldspace brand is extremely valuable. My investment strategy in WRSPQ has been to think globally and not just as American economy delegates. I also like thinking,"what would John Malone do?". So far, my speculation is right on target. I am still in this game. Even if I lose, I believe that WRSP was the pioneers. I am going down with the ship so to speak.