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LightSquared's Cash Reserves Drying Up

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so how do they

bobc74

Dec 19, 2011, 7:11 PM
expect to build a network with no money?
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dlmjr

Dec 19, 2011, 7:16 PM
bobc74 said:
expect to build a network with no money?


Selling use
Look at all the 'deals' they have made.. but they are all dependent upon FCC approval.. so they are cash starved now
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Pego

Dec 19, 2011, 9:36 PM
Simple ask obumma for a bailout. If they had given money to his campaign they would have been bailed already.
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dlmjr

Dec 20, 2011, 11:53 AM
Pego said:
Simple ask obumma for a bailout. If they had given money to his campaign they would have been bailed already.



I guarantee that this will go through.
Look at the people who have thrown money at it.

Look at the companies who have committed or signed agreements with LS to use their 'network' once it is up and running.

Too much money connected to government officials for this not to be 'approved'.
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