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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Goodfellow who wrote (29703)3/9/2019 3:24:38 AM
From: Maurice Winn  Read Replies (2) | Respond to of 29747
An earnings report?!! I had better read it. Hopefully arpu is soaring to record levels thereby bringing joy to management.

But if arpu is soaring I wonder why they are selling $30 million if new shares. They should be PAYING arpu dividends to shareholders not raising further financing .

Plus ca change. Meanwhile Iridium's brand new constellation is up and running while Globalstar ' s has only about 5 years of life left.