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redspeed

12/18/14 7:43 PM

#155479 RE: indyjonesohio #155467

redspeed

12/18/14 7:43 PM

#155480 RE: indyjonesohio #155467

I was off by $100K. It's $700K if you subtract out the $25K for the David's severance. Thanks for catching that. Almost 3/4 of a million isn't anything to sneeze at.



WSGI sold certain of its contracts with Globalstar, Inc. and Globalstar LLC and related customers for $250K

WSGI licensed appliqués from GTC for a ten year period for $2M or 2,222,222 shares

WSGI entered into a separation agreement with David Phipps for $25K

WSGI & GTC entered into a consulting agreement with Trident Aerial Recon LLC for $5K/mo to help run GTC

WSGI sells 7M shares of Drone for $475K

WSGI entered into a share cancellation and assignment agreement with Denville and Dover Fund LLC who returned 31,428,571 shares of WSGi in exchange for 3M shares of Drone.

Net:
WSGI out of Drone
WSGI takes in $700K
Not sure what the appliqués is all about