Sounds like a scam to me....NOT!

I think we will see less than that. Time to fund the acct.

Yep this kind of downside volume should have tanked the sp...

Tweet Tweet said the birdie {:)

Thanks for your response Mide, guess I just don't understand the need to rid him of his original seat as COB. A pretty big financial sacrifice on his part...the only thing that keeps my faith in this company, and all that he has done to clean it up. I will be a HUGE buyer at .01 (hope we don't see that) but we keep heading that way. glta

Mide, what is your take then as to why Clark didn't at least retain a seat on the board considering his efforts to build this company?

10Q is out

Thanks Nando for taking the time to report back.

Great post sami and valid points as well.

why a declining share price continues as the company seems to move in a positive direction

The question of the day.

Could this statement be the reason no 8K's have been filed for revenues?
We have also begun to execute on our strategic plan to generate revenues by closing business from new customers and recording revenues.

And do you own ant shares of WSGI?

Do you own ant shares of WSGI?

Really? is it really BIG news? Lol, the kind of news to take it to .02 referenced in your earlier post? Hahaha!!! now that's a knee slapper...I dont know who is funnier here you or our hairless friend! Boy this board really is great! LOL!!!

If a paid penny outfit was given monies in order to raise awareness (and the sp) then it would have made perfect sense to state the amount in the last PR, so this doesn't add up.
I agree with the ones here who have said the amount is significant no matter what accounting principals apply... it was 25MM over two years and that will surpass any previous earnings for that time period prior to being acquired by WSGI.
Scratching my head? Perhaps we see a new PR next week with an 8K as some are calling for next week.

Great news this am Jacked! Maybe we will see an eventual turn around on sp for a change. My comment should have read 'had hounded' past tense and this board is full of posters here making this claim, along with the comments by the inside only they are privy to.
Thanks for having the decency to answer my question hence you have a spine.

Your chance will be coming imo & I will answer you tomorrow on the other board I'm limited to 2 posts.

Hey Jacked, thanks for the reply I see you have a spine. I know some 'formerly' associated with the company have been hounding management to do some kind of PR on WSGI and get the word to the street, just remember anyone who had anything to do with this in the past are either in jail or on the outs and were responsible for the mess Clark had to clean up.
That being said it's interesting they would choose a penny promotion to bring awareness. If there are #'s or news in the pipeline than great, I posted about a company not long ago that had a very similar structure as us and went from .30- $2.50+ in a very short time thanks to one of these rags, however I believe they currently reside around .16 not what we want to achieve.
I am long on this puppy almost 4 years now others have been far more patient. I believe in their current strategy and think eventually they will become somewhat successful. I currently hold just short of 400K shares.
I fail to believe Clark- which I have pointed out before- would put the dollars, time & effort to clean this up without a decent ROI.
I am invested based on SEC filings not hearsay. WSGI/GTC is a good business model focusing on creating a revenue stream an eventually/hopefully bring value to deserving shareholders.
And while posters like our hairless friend have an amusing ignorance to their reasoning for failure, keep in mind the facts...every company has a boiler plate warning of risk.

Totally in your camp Fly, but what is with this 'penny' promoter that is now representing the company for a four week period in your opinion?
And I just gotta ask, how is it that you and a few select others are in the know on Clark's "intentions all along to find another COB"?

'Clark always said in private he would step aside when the time was right'

Mide, do you happen to remember hearing/reading this publicly? I seem to recall this phrase somewhere along the line but I could be wrong...wouldn't be the first time.

The 8K will be released when the monies are received and only of material amount.

Pull your head out, free shares aren't going to do chit for him at this price. I spoke with Babs and she conveyed that none of the company' agreements were impacted by Clark's departure.

Everything Clark has done for this company trumps any previous managements ability to move us into a credible position after our previous issue with the SEC. His investment alone shows an intention unlike any other COB of an OTC.BB and the return he expects for investment will be just fine I'm sure for mine as well.

Good luck to those who deserve it.

Than why not just say it if that's who it is? Why the veil of secrecy?

News: http://finance.yahoo.com/news/global-telesat-awarded-asset-tracking-133000239.html

Should they run & hide?

Anyone attending SHM this year?

While I can appreciate your comment concerning the share structure and dollar amount you think will be needed to move this stock here is a company that is similar in many ways (SNPK.OB). It has increased significantly over the last few months without proper revs to support a rise like this due to a PR campaign via one of the penny pumping outfits. I feel it will deflate just as much as it rose because of the 'pump' associated with...not the direction we should take.

This was brought to my attention by an ex-shareholder with a valid point...no awareness no rise in SP....no getting around that.

Imo, the Gemini Group will be instrumental in guiding us in the right direction once we are cleared for takeoff.

BBB refresh my memory did you say you had access to level 2? if so, how many mm's deep to .032?

Mide, if we know by their best Q being 100K as a benchmark to go by for a recent significant increase as the PR stats today, I wonder what dollar amount would warrant an 8K? btw, thanks for your DD on this.

Yes and as I have noted before Clark & Co have way too much skin in the game for this to be considered a gamble imo (leading me to increase my position at every opportunity).

From the 10K:

In February 2012, we entered into an agreement with Gemini Global Group, one of the nation’s premier business development firms. With offices in Washington, D.C. and Austin, Texas, Gemini is a leader in providing procurement assistance, identification of commercial and government business opportunities, political advocacy and regulatory assistance to a global customer base. We together with Gemini have jointly developed a business procurement strategy for us and GTC and have begun to implement a number of initiatives to execute on such strategy.

Naaa, why would they pay 40k finders fee to a well know firm that lobbies on Capital Hill to PR us? Doesn't make sense, Clark has waaaay too much cash in this.

Last week I picked up over 39k shares at .04 and they never moved the bid lower to fill. Cant trust anything in print I believe your short covering theory is correct, also picked up another 700 this a.m. at .037 I wonder what that will show up as.

Thanks cpmac

Okay Nil, BBB do you have any info on how many mm's to .038? tia, Moosh

Hey Nil,

Tested the market today and got a 100 share buy at .041. I have been at this for the last 7 trading days and they finally filled it. My question to you is how many MM's deep to say .038? I don't have access to level 2 and I know we are approaching our annual Spring rise. tia, Moosh

I'm thinking this is what MC has in mind (on a smaller scale)http://finance.yahoo.com/news/jpmorgan-raises-dividend-plans-12-192513957.html;_ylt=Ag20aPbtSVQF6RzcFPgRiOKiuYdG;_ylu=X3oDMTQzZXZiYTcwBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM1YTNmZTdkNy05Nzk3LTMwN2MtYjZkYS00MTBiN2Y2YmIxMDYEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDYzUxNjVjNTAtNmQ0YS0xMWUxLWFlZDktOTE2OGFlYTQ1YjZj;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

And this: http://www.fool.com/investing/general/2012/03/13/globalstar-beats-on-the-top-line.aspx

Good read: http://www.politico.com/news/stories/0312/73901.html

Quite alot of thought put into this post that will be impossible to dispute, should be pretty entertaining to watch certain ones try.

MC sure seems to know how to tap into where the $ is:

The new website has been launched as part of the Company's strategy to diversify its satellite business operations, address a multi-billion dollar global market, and generate a new near-term revenue stream for the Company.

The U.S. Federal government spends over $40 billion each fiscal year on contracts through the GSA Schedule Program, including MSS contracts.