World Surveillance Group Inc (fka WSGI)

[insighter]

Great except for leaving out the fact that DAC was acquired by DRNE as part of the whole conspired plan.

Instead of 1/3 of DAC, wsgi now only owns 10m shares, even though currently full dilution of all sorts of preferred shares at all sorts of generous conversions, would mean a huge share pool of ~146 million shares already spoken for according to filings.

Hence WSGI's share of DRNE is actually maybe 6.8% currently. There is limited upside for WSGI from DRNE imo. Instead a high risk of a downside (as little revenues and assets are currently supporting a massive fully diluted valuation) may be a likely reality.