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First, we acknowledge that we inadvertently misattributed a quotation in our report and presentation. The discussion of “that sinking feeling set[ting] in” when Globalstar management first read the FCC’s NPRM was L. Barbee Ponder’s, not Jay Monroe’s. We apologize for the error and will correct our materials accordingly.
Turning to the fundamentals of TLPS, we will have more to say but would initially like to contrast certain airy assertions made by Globalstar and Jarvinian with some concrete, real-world data. We noted a distinct lack of actual data in the presentation; an array of colorful diagrams papered over the absence of substance. (We are still uncertain what relationship Jarvinian has with Globalstar, so we will speak simply of Globalstar in what follows.)…