Globalstar, Inc. Ready to Roll / Chief: Arbitration Decision Expected by Mid-March

Globalstar, Inc. (NASDAQ:GSAT) Ready to Roll

By James E. Brumley
Published: January 13, 2012 12:30:02 PM PST

Back in July - even well before the marketwide meltdown - Globalstar, Inc. (NASDAQ:GSAT) shares were in trouble. Indeed, all of 2011 was nothing but trouble for GSAT shares, continuing a slide started in the middle of 2010 after shares peaked at $2.11; they're now at $0.61.

Yet, GSAT is still decidedly on the rise. The push off of the low of $0.38 hit back in November set up the 60% advance since then. Though that's not the bets bullish move we've seen since trouble set in back in 2010 (that honor goes to the big but short-lived surge in October), this is the best-paced and most sustainable of any bullish moves we've seen for the past year and a half.

It begs the question... what changed for Globalstar that suddenly makes it so popular. The answer is, revenue has finally started to inch higher again. The company generated sales of only $16.5 million four quarters ago, but bumped that number up to $18.2 million three quarters ago. The second quarter of 2011 saw revenue of $37.2, though traders basically knew... http://www.smallcapnetwork.com/Globalstar-Inc-NASDAQ-GSAT-Ready-to-Roll/s/via/10/article/view/p/mid/2/id/71/

Globalstar Chief: Arbitration Decision Expected by Mid-March

Fri, 13 January, 2012

Image via Wikipedia

PARIS — Mobile satellite services provider Globalstar expects an arbitration panel to rule by mid-March on whether the company is within its rights in demanding six new satellites from its prime contractor at prices the contractor says are no longer valid, Globalstar Chief Executive Jay Monroe said.

In a Jan. 11 interview, Monroe said the three-judge panel, which is expected to hear arguments in the case Jan. 24, is likely to decide the issue one way or another within four to six weeks of the hearing.

Covington, La.-based Globalstar and the prime contractor for its second-generation satellite constellation, Thales Alenia Space of France and Italy, disagree on whether Thales is obligated to build six more satellites with prices agreed to several years ago. Thales says the contract terms expired; Globalstar disagrees.

Thales Alenia Space officials have declined to comment on the dispute in detail, but industry officials have said the company is loath to agree.... http://www.spacenews.com/satellite_telecom/120113-globalstar-arbitration-decision-march.html

Crabbers get a boost in bairdi Tanner quotas

LAINE WELCH Image via Wikipedia FISHERIES Published: November 7th, 2009 10:10 PM Last Modified: November 7th, 2009 10:12 PM KODIAK -- Kodiak and Alaska Peninsula crabbers got some good news last week -- bigger catch quotas for bairdi Tanner crab, a mid-January fishery important to local economies. Bairdi are the larger cousins of the better-known opilio Tanners, or snow crab. The bairdi boost stems from a big pulse of new crab recruits that biologists have been tracking for years. "That is what's fueling the increase in the harvest this year. We're just getting the very beginning of that year class," said......... http://www.adn.com/money/welch/story/1004091.html

#01-14-2014 - ComFish News Roundup

Chinook Conservation, Trawling and Permit-Stacking Addressed by BoF Jan 13, 2014 View of Kodiak from Pillar Mountain (Photo credit: Wikipedia ) Jay Barrett/KMXT The Alaska Board of Fisheries wrapped up its Kodiak area meetings on Friday afternoon at the Harbor Convention Center. KMXT’s Jay Barrett spoke with board Chairman Karl Johnstone about some of the decisions that came out of the meeting, and how the meeting schedule may change in the future..... http://www.kmxt.org/index.php?option=com_content&task=view&id=5374 3:32 PM MON JANUARY 13, 2014 The Dillingham City Council Opposes Passage of House Bill 77 By MIKE MASON The Dillingham City Council has come out in opposition to a bill that is expected to be a major focus of attention during the next session of the Alaska Legislature. KDLG’s Mike Mason has the details..... http://kdlg.org/post/dillingham-city-council-opposes-passage-house-bill-77 PORT STUDY Corps draft feasibility study on ports due in March

Danish commandos 'monitoring hippies' on Arctic offshore rig #artcticloons

Image by Steve Rhodes via Flickr Alaska Dispatch | May 31, 2011 Armed Danish commandos have (possibly) been summoned to monitor Earth-loving "hippies" clinging to the underbelly of an Arctic deepwater oil rig off the coast of Greenland , sources say. The environmental non-governmental group Greenpeace has published statements and video showing its activists aboard two ships that are attempting to "interfere" with oil exploration going on in the Davis Strait, 100 miles west of Greenland. This business has in turn prompted the Kingdom of Denmark to launch two ships and a few helicopters to monitor the Greenpeace interference. The Leiv Eriksson is the source of all this Arctic bait and switch. British oil company Cairn Energy is attempting to drill four wells at depths of at least 5,000 feet this summer in "iceberg-strewn sea" with the 53,000-ton offshore oil rig, which has made its way to Arctic waters after a month of failed attempts by Green

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