Monday, February 28, 2011

Is this Headline Really True, I Think there is More to it. "Echostar Uninterested in TerreStar" BULL

Maybe Harbinger Capital Partners, Lightsquared told Echostar - Charles Ergen if they Back off of TerreStar, then they can have Hughes ??? what is REALLY going ON ?

Crystal@CrystalCox.com

"With Hughes in Hand, EchoStar Uninterested in TerreStar"
http://www.spacenews.com/satellite_telecom/110224-echostar-drops-terrestar-bid.html


The Article Says "EchoStar has purchased satellite broadband provider Hughes Communications." - Well What Do the Shareholders Think of This. Did EchoStar, Charles Ergen just buy himself a Controlling Interest over the TerreStar "Terrestar Committee of Unsecured Creditors" - I mean "Hughes Network System, Inc." is on the Terrestar Networks Bankruptcy - Committee of Unsecured Creditors" Right?

Click Below for Document of who is the Committee of Unsecured Creditors


EchoStar Corp. Buys Hughes - for 2 Billion - Smoke and Mirrors, what do the TerreStar Shareholders think of This ?
http://www.spacenews.com/satellite_telecom/110214-echostar-buy-hughes-for-billion.html

So EchoStar "Was" Going to Buy Hughes Communication for around 1.34 Billion and then it Went Up Rapidly to 2 Billion.
http://washingtonexaminer.com/news/business/2011/02/echostar-buy-hughes-communications-134-billion

How Odd a Hughes Communication Buy Out in the Middle of the TerreStar Bankruptcy.


Crystal@CrystalCox.com

Crystal Cox
Investigative Blogger

Pradman Kaul, President & CEO, Hughes Communications Inc
Echostar Holding Purchasing Corporation




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