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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 0.355+0.3%Oct 15 4:00 PM EDT

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To: pcstel who wrote (29706)3/9/2019 2:17:07 PM
From: Maurice Winn  Read Replies (3) of 29731
Satellite life = that's what I thought too.

I would not have believed that 26 years after Globalstar's start that I would still not have a satellite connection and that nearly nobody would have.

Not just Globalstar either but all of them. I do have a SKY TV supply but that doesn't count as a mobile phone system.

And people keep doing completely ridiculous things such as continuous Halo coils in roads. It should take seconds to understand that that would be hopeless.

Qualcomm must have spent about $500 million on Halo. Just to buy the rights was $70 million.

Heck, even my stupid car has a connection to my phone so that I can make and receive calls hands-free. And it costs nothing other than the price of the equipment in the car. There's no monthly arpu. The phone is cheap too with low and falling arpu and the device is amazing. Globalstar could have done that and been the biggest worldwide single spectrum land sea and sir and space phone system with 5 billion customers paying $10 a year. (That's just an example not an actual price plan. I would make it $0 per year. Payment would be per megabyte depending on loading at the time = free when low usage and $1000 per megabyte if nearly full.)

Bad ideas are horribly expensive. But it's easy to have them.

Maybe somebody could design an idea checker that collects all information and vets it for bungness ... ideas are not enacted until everyone is signed off.

I would love to have that as I have gone along with very bung ideas that turned out to be fatal but seemed like good ideas at the time.

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