BCC 0.00% 16.0¢ beam communications holdings limited

Ann: ZOLEO Inc. Joint Venture Ownership, page-61

  1. 4,165 Posts.
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    The reality is that neither Roadpost or Beam can afford to pay the other what each would want for their stake.
    Hence why selling to a 3rd party, with deep pockets (ie: Iridium) is likely the best outcome.
    Beam then manufacture the ZOLEO for a fair market price (unlike what the JV received).
    Beam should retain ownership of the IP of the device / design and get a small royalty for airtime.
    Easiest and quickest way to a deal that satisfies all parties.
 
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