What do you think TSTR will be on the day of the launch, July 1st?
First IP-enabled, 4G network in a mobile environment

 I say if the launch is successful and news comes out after the
launch
or even on July 2nd, this thing will surpass the $15 mark.  What you
think?

July 1st 2009,plans to launch wireless communications system to
provide mobile coverage throughout the United States and Canada using
small, lightweight handsets similar to mobile devices. The Company’s
core network strategy is based on three elements: the space segment;
the terrestrial network; and universal chipset architecture to be
integrated into a range of mobile devices. As of December 31, 2008,
the Company had four wholly owned subsidiaries: MVH Holdings Inc,
Motient Holdings Inc, CCTV Wireless I LLC and Port Merger
Corporation.

TerreStar's innovative mobile communications network will be the:
First IP-enabled, 4G network in a mobile environment First to provide
seamless integration between satellite and terrestrial systems over
commercially available devices First network to offer a suite of
customer-branded applications Key features and benefits of
TerreStar's
all-IP network will include: Opportunity to support new markets and
distribution channels with first-to-market service and coverage
capabilities.Seamless integration of existing applicationsTailored
Customer-branded applications Open, accessible architecture
leveraging
existing chip technology currently available to ercial device
manufacturers Low-cost and efficient network and device integration
Redundant and on-demand service during peak-usage and times of
crisisReal-time dashboard management of applications Network
expansion
capability into rural and remote areas Ultra-wide band urban
capability

http://www.google.com/finance?client=ob&q=NASDAQ:TSTR

http://www.terrestar.com/

.

http://www.google.com/finance?client=ob&q=NASDAQ:TSTR

TerreStar Announces Launch Date

Reston, VA - June 16, 2009 - TerreStar Networks Inc. (TerreStar), a
majority owned subsidiary of TerreStar Corporation (TSTR), today
announced that the launch of TerreStar-1 has been scheduled for July
1, 2009. TerreStar, after consultation with our vendors, has
concluded
its analysis of an on-orbit anomaly that occurred recently on another
operator's satellite and believes that occurrence has no bearing on
the flight worthiness of TerreStar-1. Arianespace, TerreStar-1's
launch services provider, has agreed to this launch date. "We have
conducted extensive analysis and our vendors have also conducted
exhaustive testing and analysis. As a result, we believe TerreStar-1
is ready to launch," Dennis Matheson, CTO of TerreStar said.

"We are pleased that our process has validated TerreStar-1's flight
worthiness. Today's announcement means we are that much closer to
bringing the next generation of mobile communications to North
America," said Jeffrey Epstein, President of TerreStar.

Final authorization of the updated launch date is subject to FCC
approval of a new launch milestone. No change to the August 30 FCC/
Industry Canada operational milestone is necessary.

Arianespace has established a two hour launch window that will open
at
16:14 GMT on July 1, 2009.

An updated countdown clock is available at www.terrestar.com.

http://www.terrestar.com/