Ann: Trading Halt, page-69

The main point is that Globalsat Group is an established company that has been around for 20 years and has partnerships with other companies that are globally significant (Iridium, Immarsat, Thales, etc). It is not some struggling startup trying to gain a foothold in the pan-american region.

It is composed of 9 affiliated companies with local presence in Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Mexico, Peru and head offices in the United States. Globalsat Group is in charge of satellite voice and data solutions for thousands of customers spanning sectors such as energy, government, defense, media, mining, banking, agriculture, NGOs, and tourism.