Just a thought, but is this plausible? Is it possible for Falcone/Harbinger to use TSTR as a "puppet" to "test" the market with the Genus and AT&T, and then depending on its success, could he not "takeover" or buyout the spectrum and the rights to the phone from TSTR using LightSquared, eventhough the money would be exchanging hands from the same Pot seeing as he owns both. Then he could let TSTR go belly up and keep the idea going with Lightsquared, having assumed the debt from TSTR that he already owns?
What is worth the spectrum if it is tied to GEO, and that as a concept will imminently fail as you are calling it will.
What does harbinger need that spectrum for? Why is he building the same friking phone with the same technology? You make those statements in support of your opinion that TSTR will fail, yet falcone being so friggin stupid, and all of the people around him so that they like to make the same mistake as they witness the failing concept reveal itself before their eyes.
I mean, you owe it to yourself, and to others, to read your post before you hit that button, with noble intention to save other people money, of course, the result of your own conviction. Don't you find that effort at least misleading.
Guys like you went marching and breaking the first steam machines in ENgland in late 19th century with the idea that'll save their jobs.