<div dir="ltr"><div>Honestly, I think the thought was that they could buy their way out of the technical issues.<br></div>Remember how BPL went. If you show investors a plausible (to their eyes) version of "the next big internet thing" then it appears that they will jump in.<br>
<br></div><div class="gmail_extra"><br><br><div class="gmail_quote">On Sat, Aug 24, 2013 at 12:47 PM, Andrew Rich <span dir="ltr"><<a href="mailto:vk4tec@tech-software.net" target="_blank">vk4tec@tech-software.net</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">That's such a sad reflection on man kind<br>
<br>
What has come of society that such ignorance and stupidity is the norm<br>
<br>
Sent from my iPhone<br>
<div class="HOEnZb"><div class="h5"><br>
On 25/08/2013, at 1:39 AM, Bob Burns W9BU <<a href="mailto:w9bu_lists@rlburns.net">w9bu_lists@rlburns.net</a>> wrote:<br>
<br>
> Just when you thought the LightSquared situation was over, Harbinger Capital Partners, and other investors who backed LightSquared, has filed a $1.9 billion (yes, billion with a "b") lawsuit against Deere & Company, Garmin International, and Trimble Navigation, plus the U.S. GPS Industry Council and the Coalition to Save Our GPS.<br>
><br>
> You can read more about the suit here:<br>
><br>
> <a href="http://www.insidegnss.com/node/3664" target="_blank">http://www.insidegnss.com/node/3664</a><br>
><br>
> Trimble has already announced that they will "vigorously" defend the suit.<br>
><br>
> Harbinger has also sued Dish Network Corp. and its chairman Charlie Ergen for $4 billion over allegedly improper purchases of LightSquared debt. Ergen reportedly bid over $2 billion last month to buy LightSquared.<br>
><br>
> LightSquared filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in May 2012.<br>
><br>
> Bob...<br>
><br>
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