Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 21.37

0.0%

Mar 14 3:59 PM EDT

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To: Geoff Goodfellow who wrote (29970)	7/30/2024 5:45:40 PM
From: Maurice Winn	of 29982

That's complex mumbo jumbo linear regression analysis of probabilistic future data consumption for your monthly plan/billing cycle. I prefer no plan or billing cycle or the other mumbo jumbo. Just gimme data access for the amount of data I've paid for. I'll buy more if I ever run low. Like buying tomatoes at a shop. I don't have a plan, billing cycle or predicted future tomato consumption. I choose how many tomatoes to buy and pay for them. The proprietor hands over said tomatoes. In New Zealand, a petrol company Z Energy introduced such a purchasing method a few years ago. I bought 1000 litres for $2.25 per litre. I could then take delivery at any of their petrol stations. No monthly plan or billing cycle. That was a tax avoidance business and not really a good economic design because delivery costs and competition mean prices should vary by location and time. But the tax advantage was large so it was a good method for them and me. Wacky Wireless has a similar problem with time and location. Sometimes satellites or base stations will be overloaded and higher prices are needed to stop people using data. Wacky Wireless would show the current price per megabyte which would be high when crowded and low or free when empty. Either way, no billing cycle or monthly plan is needed. Just pay some amount, then use data until you run out, then buy some more. People who want a fixed fee per month with all you can eat could have that too. But they would be charged a high price to reflect their special service. Dumb people pay high prices. But it would still be lower than competing monthly/billing cycle eat all you like services and they'd actually get service instead of busy signals/disconnections. This is a super sophisticated concept that regular humans can't comprehend so it's not for everyone. The mighty rocket scientist brains of Globalstar couldn't grok it so chose bankruptcy instead, twice. Now about to go bust for the third time. Motorola beat me to the idea by a couple of years and patented variable pricing per minute in 1993, so that patent expired long ago. I was surprised such an obvious idea is patentable but apparently the bar is very low for "obvious". Mqurice

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