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TERRESTAR AO Message Board

  • yuckoclown yuckoclown Nov 23, 2010 9:13 AM Flag

    NOT BK

    Sorry folks - I am sure that some of you will take this chance to smash me and call me names. However the real facts are that the parent company is not BK - That's right - You own stock in the parent - which just released this phone to the public -(notice sent out last night) The stock is so low its right for a take over by someone, who knows. The stock is priced right for investors looking to broaden their position in wireless - Now I am not going to suggest you do anything -well just one thing - STOP claiming to know anything about this company unless you really have the facts - because the few people that have the facts are not going to comment here in a public.

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    • If they are not BK then why is it listed as bankrupt in the financial status indicator in my brokerage account? I hope they are not because i own quite a bit of it. Please elaborate.

    • <You own stock in the parent - which just released this phone to the public -(notice sent out last night) >

      Uhhh! The phone and service are being offered by Terrestar Networks, NOT Terrestar Corporation.

      The Parent is TSC, the Debtor in Possession is Terrestar Networks.

      I can guarantee you that a "Petition" by the Parent is in the works.. Only a matter of time.
      PCSTEL