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   Microcap & Penny StocksGlobalstar Telecommunications Limited GSAT


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From: Geoff Goodfellow5/8/2019 3:42:59 PM
   of 29722
 
Globalstar CEO Discusses Q1 2019 Results - Earnings Call Transcript with analyst Q&A and 10-K Annual Report

to listen to the CC and Investor/Analyst Q&A visit:
globalstar.com
or
earningscast.com

a transcript of the CC and the Investor/Analyst Q&A:
seekingalpha.com
or
finance.yahoo.com

the 10-Q Quarterly Report -- with all its exhibits -- can be viewed on or downloaded from the SEC's website at:
sec.gov

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To: Geoff Goodfellow who wrote (29716)5/8/2019 3:48:34 PM
From: Geoff Goodfellow
   of 29722
 
good stuff in the Letter to Shareholders in the Globalstar 2018 Annual Report PDF (that is not in the 10-K SEC filing) at:

globalstar.com



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To: Geoff Goodfellow who wrote (29716)5/22/2019 10:54:54 PM
From: pcstel
   of 29722
 
>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.


PCSTEL

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From: Geoff Goodfellow8/9/2019 10:02:04 AM
   of 29722
 
Globalstar Announces Second Quarter 2019 Results

globalstar.com




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To: Geoff Goodfellow who wrote (29719)8/9/2019 11:41:55 AM
From: Jeff Vayda
   of 29722
 
Reads like a train wreck to me. But the stock is UP so it is better than expected? (Cant even think 'smart' money managers would bid up the share price to the 0.69 refinancing offer, Thermo has it all locked in, no 'commoner' will benefit here.) What a long drawn out story.

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To: Geoff Goodfellow who wrote (29719)8/9/2019 1:28:32 PM
From: pcstel
   of 29722
 
SPOT Subscribers DOWN
SPOT ARPU DOWN
Duplex Subscribers DOWN
Service Revenue DOWN nearly 10% Y/Y
Equipment Revenue DOWN Y/Y.

Iridium/Garmin Eating GSATs Lunch in the consumer segment. New Iridium GO coming soon. Smaller/Faster the the defective Satfi2.

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To: Jeff Vayda who wrote (29720)8/9/2019 1:34:44 PM
From: pcstel
   of 29722
 
Yup! It's basically a pre-pack restructuring! Thermo will own all the debt, own 95% of the common.

Time to take it private. Not near as messy as a formal BK.

PCSTEL

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