Summary Support for TLPS was the brainchild of John Dooley of Jarvinian. The background of Dooley and Jarvinian show the risks of unbalanced optimism for unproven technologies. Other wireless constituents continue to line up against Globalstar with the FCC.   This article is the opinion of the author. Nothing herein comprises a recommendation to buy…

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Summary Globalstar currently sits under a large debt load of over $600 million even as it loses money every quarter. The most recent quarter showed only $4 million of EBITDA, falling short of required targets in the credit facility. However, bankruptcy risk can be mitigated by taking advantage of the large market cap to conduct…

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Summary Even after a recent drop, Globalstar is still up 7x from its 2013 lows. Yet the financials have deteriorated to the point of functional insolvency. Globalstar has all the elements of promotion: mostly retail investor base, lack of top 20 research coverage and a volatile share price with no support. Understanding the promotional elements…

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