EchoStar/Dish raises doubts about 'ability to continue as a going concern'

[dishdude]

Not a chance. The people who know everything are sitting at home in their underwear posting on SatGuys, not out making billion dollar deals.

At least we're not losing billions!

 

[Yespage]

Not a chance. The people who know everything are sitting at home in their underwear posting on SatGuys, not out making billion dollar deals.

Underwear?

 

[dishdude]

Underwear?

If I ever get invited over, I won't be sitting on your furniture!

 

[Bobby]

If I ever get invited over, I won't be sitting on your furniture!

When it is nothing but underwear it becomes outerwear. It’s not like you have your bare butt sitting on the furniture.

 

[HipKat]

Underwear?

What if it's someone who doesn't even own underwear?
I mean, not me, of course, but....

 

[Bruce]

If I could get a link to the SEC call with the shareholders, I'd be very interested to see what was really in there

I forgot to post a link for you, this is the transcript-

EchoStar Corporation (NASDAQ:SATS) Q4 2023 Earnings Call Transcript

Operator: Greetings, and welcome to the EchoStar Corporation Fourth Quarter and Year-End 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

www.insidermonkey.com

 

[Nebugeater]

Not a chance. The people who know everything are sitting at home in their underwear posting on SatGuys, not out making billion dollar deals.

Was underwear a requirement? Asking for a friend.

 

[Bruce]

Found this about who owns the most stock in Echostar-

Echostar (NASDAQ: SATS) is owned by 16.06% institutional shareholders, 9.63% Echostar insiders, and 74.31% retail investors. Charles W. Ergen is the largest individual Echostar shareholder, owning 12.17M shares representing 4.48% of the company. Charles W. Ergen's Echostar shares are currently valued at $167.76M.

Echostar Stock Ownership - Who Owns Echostar in 2024? | WallStreetZen

www.wallstreetzen.com

 

[nelson61]

The devil is in the details

This is what the SEC wrote when approving the recent Echostr/Dish merger.

"Pursuant to the terms of the proposed transaction, DISH Network Corporation will be merged into Merger Sub, a newly incorporated direct and wholly owned subsidiary of EchoStar, with DISH Network Corp. surviving the merger as a wholly owned subsidiary of EchoStar.[1] Ergen would beneficially own more than 90% of the voting stock and approximately 54% of the equity of the re-combined company and would continue to control the licenses and authorizations at issue.[2] There is therefore no substantial change of ownership or control."

 

[MikeD-C05]

Personally I wear jock straps with my gym clothes. Our junior high and high school required it in the 70s. I go to the Ymca 6 - 7 days a week ,so no underwear for me. Wear it only on special Holiday occasions or when I go to the doctor.

 

[navychop]

TMI

 

[stardust3]

Personally I wear jock straps with my gym clothes. Our junior high and high school required it in the 70s. I go to the Ymca 6 - 7 days a week ,so no underwear for me. Wear it only on special Holiday occasions or when I go to the doctor.

I just jumped to the end of this thread to see if I could get the details without reading all 190+ responses. The 1st thing I read is you're a free baller. Not quite what I was expecting...lol

 

[Jim5506]

WTMI

 

[dishdude]

View: https://www.youtube.com/watch?v=mRVUe2Ha6dg

 

[HipKat]

Personally I wear jock straps with my gym clothes. Our junior high and high school required it in the 70s. I go to the Ymca 6 - 7 days a week ,so no underwear for me. Wear it only on special Holiday occasions or when I go to the doctor.

Gawd, I remember those...
But yeah, it's surprised me how many of my friends don't wear it, ever.

 

[telstar_1]

Gawd, I remember those...
But yeah, it's surprised me how many of my friends don't wear it, ever.

There are plenty of modern alternatives.

Jim Fiasco, been awhile since I've seen that guy.

 

[Nebugeater]

After reading the last couple of pages, I now finally understand why this thread is in the DISH Network Support Forum area.

​

 

[Bruce]

When it rains……..

EchoStar facing more shareholder allegations

EchoStar - already facing complaints from some shareholders over how owner Charlie Ergen restructured the DISH Network broadcasting business into a new operatio

advanced-television.com

The letter alleges that there has been ongoing accounting and securities fraud and that EchoStar has never denied the allegations, noting: “Instead, EchoStar resorted to stripping assets from DISH Network Corporation shortly after BHG had privately brought DISH’s evidenced net asset insolvency to the attention of the EchoStar Board.”

 

[Yespage]

When it rains……..

EchoStar facing more shareholder allegations

EchoStar - already facing complaints from some shareholders over how owner Charlie Ergen restructured the DISH Network broadcasting business into a new operatio

advanced-television.com

The letter alleges that there has been ongoing accounting and securities fraud and that EchoStar has never denied the allegations, noting: “Instead, EchoStar resorted to stripping assets from DISH Network Corporation shortly after BHG had privately brought DISH’s evidenced net asset insolvency to the attention of the EchoStar Board.”

Dude, you are way off topic.

 

[Bruce]

Dude, you are way off topic.

Yep, back to underwear.