Act II Management’s Globalstar GSAT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-16,667	Closed	-$528K	–	25
2015 Q2	$528K	Buy	16,667 +6,667	+67%	+$211K	0.27%	25
2015 Q1	$500K	Buy	+10,000	New	+$500K	0.25%	22