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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 0.308-3.3%Jul 2 4:00 PM EDT

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To: Geoff Goodfellow who wrote (29716)5/22/2019 10:54:54 PM
From: pcstel   of 29749
>Globalstar CEO Discusses Q1 2019 Results - Earnings Call Transcript with analyst Q&A and 10-K Annual Report<

So after nearly 10 yeas operational life has passed on most of their second generation satellites that have a 15 year life expectancy.. .
Globalstar still has over $500MM in debt and is only generating about a million a quarter in positive cash flow.

Exactly how do they expect to pay down the debt and finance replacement satellites in 3 or 4 years?

I mean.. Look at the metrics..

Duplex subscribers DOWN
SPOT subscribers DOWN
The only bright spot is simplex which is very low revenue adds.

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