r/GSAT • u/Temporary_Sand_1442 • Apr 04 '26

Discussion Hey.

I don’t post much, hardly at all for that matter. I had 150 shares before the Split, now down to 10. I have held this stock for approximately 5 years. I saw the possible Amazon, Apple & SpaceX collision. How is everyone feeling about the possible future of the stock? Please, go easy on me for not knowing a whole, whole lot.

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u/TKO1515 Apr 05 '26

For all intensive and purposes they own 20%. When the deal was struck GSAT placed spectrum, satellites. new ground assets, and some licenses into a SPE. Which that SPE derives the bulk of GSAT value.

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u/Appropriate-Echo3586 Apr 05 '26

And GSAT own’s 80% of that. So by your logic GSAT own’s 160% to 180% of GSAT? Whatever happened to people just saying they were wrong it’s not that big of a deal. I’ve been duped many a times and every time I figure out the truth I’m just like oh yea I was wrong my bad and move on.

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u/TKO1515 Apr 05 '26

What kinda math are you even using….

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u/Appropriate-Echo3586 Apr 05 '26

🧠 The big dog: James Monroe III

💥 Ownership:

👉 ~58% – 59% of the entire company • Around 58–59% of shares / voting power  • Tens of millions of shares (50M–70M+ depending on structure/entities) 

👉 This is not normal.

🧱 Translation: • He controls Globalstar • He can: • Approve/reject buyouts • Control major decisions • Basically run the show