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ETRF MM sitting on the ask at .03 with 1 million shares...ouch
gran i agree
great thanks
over thanks - did they say what types of companies are contacting them RE the BIB...
Military or Public/Commercial space?
News Out:
World Surveillance Group and Lighter Than Air Systems Enter Into Sales and Operations Support Agreement With Defense Contract...
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Alert
World Surveillance Group Inc. (QB) (USOTC:WSGI)
Intraday Stock Chart
Today : Tuesday 30 July 2013
Click Here for more World Surveillance Group Inc. (QB) Charts.
World Surveillance Group Inc. (OTCQB: WSGI), a developer of lighter-than-air aerostats and unmanned aerial systems, announced today that WSGI and its wholly owned subsidiary, Lighter Than Air Systems Corp. ("LTAS"), have entered into an agreement with defense contractor US Technik, Inc. that makes it a sales contractor for the Blimp in a Boxâ„¢ aerostat system ("BiB") and other LTAS and WSGI products. Pursuant to the agreement, US Technik also is to provide sales and services support by acting on WSGI's and LTAS' behalf at marketing events, trade shows, and potential customer presentations and meetings, providing demonstrations of our products, and marketing our products in the U.S. and internationally to, among others, the defense, homeland security and first responder sectors. US Technik also has the right to provide post contract field services support, operations support and training to our customers relating to all of WSGI's and LTAS' products.
US Technik is a veteran owned, small business corporation headquartered in Colorado Springs, Colorado that works with government and commercial organizations to find product solutions and then to provide training and support related to such systems in the U.S. and abroad. US Technik specializes in tactical aerostat capabilities, but also provides technology services, systems integration and managed services in addition to operational support and training for various products.
LTAS and US Technik jointly worked on the LTAS tactical aerostat systems operated by the U.S. Army's Space and Missile Defense Command ("SMDC") Battle Lab and worked with WSGI and LTAS by providing training and operations support for the Blimp in a Box systems to the U.S. Army. Subsequent to the operations and training on the initial SMDC aerostat system, LTAS delivered a second complete trailer-based launcher system along with two additional aerostats to SMDC. LTAS has also received orders from SMDC for upgrades to the two systems for a communications related payload system, powered tether and various other components.
LTAS has also received several additional orders recently: the first is for an aerostat and subsystem solution from Eglin Air Force Base; and the second is for a land-based versatile surveillance mast system from the Ventura County Public Health Department - Emergency Medical Services.
WSGI President and CEO, Glenn D. Estrella, stated "We look forward to further developing the business relationship we have with US Technik following our joint efforts with our Department of Defense customers and expanding our sales pipeline for the BiB and other products while also providing first class operations and training support. It is exciting to see LTAS' continued sales procurement and execution, especially the follow-on orders which evidence customer satisfaction. We, along with LTAS, intend to pursue our current pipeline of opportunities for both LTAS' tactical aerostat systems and our ground-based mast surveillance solutions in order to expand LTAS revenues and customer base."
For additional information about WSGI, please visit www.wsgi.com.
For additional information on LTAS, please visit www.LTAScorp.com.
About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCQB: WSGI) designs, develops, markets and sells autonomous, lighter-than-air advanced aerostats and UAS capable of carrying payloads that provide persistent intelligence, surveillance and reconnaissance ("ISR"), security and/or wireless communications solutions at low and mid altitudes. WSGI's aerial assets are designed for integration with electronics systems and other high technology payloads for use by government-related and commercial entities that require real-time ISR or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief, maritime and environmental missions. For more information regarding WSGI, please visit www.wsgi.com, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov.
About Lighter Than Air Systems Corp.
Lighter Than Air Systems Corp. (LTAS), a wholly owned subsidiary of World Surveillance Group Inc., provides critical aerial and land-based surveillance and communications solutions to government and commercial customers. LTAS systems are designed and developed in-house utilizing proprietary technologies and processes that result in compact, rapidly deployable aerostat solutions and mast-based systems. The LTAS systems have been proven to fulfill critical requirements of the military and law enforcement in the U.S. and internationally.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include those regarding the Company's or LTAS' relationships with US Technik, any of our customers or others, our ability to continue and/or expand such relationships, the ability of US Technik to sell any of LTAS' or WSGI's products or other performance under the agreement, our ability to expand our sales pipeline or execute on sales opportunities, the quality of any operational support services or training provided to our customers, LTAS ability to continue to procure and execute on sales, the satisfaction level or other feelings of our customers, the suitability of the LTAS products for any particular application, the ability of the LTAS products to satisfy customer demands or requirements or meet any specific challenges, the ability of the LTAS products to function in accordance with its design expectations, the capabilities, characteristics and advantages of, and costs related to, the LTAS products or the Company's other technology, products and services, the further advancement, development or commercialization of any of LTAS' or the Company's products, the ability of the Company or LTAS to secure business with new customers or grow revenues, and the ability of the Company to execute on its strategies or to accomplish any of its goals or objectives. The words "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
This crap has been going on for months and they decide to announce a lawsuit a few days before the SHM? Smells like desperation to me!
Bear I don't have a timeframe. But if I did, tomorrow morning would be good - would it not?
be -
yes imo if they have no follow up news to come out it is an attempt to "do" something prior to the SHM!
Looks like NITE has picked right up were VERT left off...flooding the ask.
Coincidence or not....the major MM that has ALWAYS blocked any type of uptick has been VERT. This morning right before the opening VERT popped in at .0149 then .015 then just at the opening - POOF has been at .03 all day........hmmmmmmm
Or most likely they are grasping at straws
Yup - Tuesday the 30th...
Is anyone going to the dog and pony show tomorrow?
In the last I've posted what I've been told. Doesn't matter what I believe or WANT to believe. It's more a hope game at this point. Sl00 sorry can't give u any more info.
Caught word that there will be no new orders. Hope this is incorrect but SP says otherwise.
Run the way the stock price is acting - looks like they want nothing to do with any of WSGI's products.
be real - how on earth will they have money to pay for this. Of course its shares.....oh IMO
REALLY Wildwest - where were the contracts in 2009:
6/3/2009 The Investor Relations Group has been selected by Sanswire Corp. as their public relations firm. The PR firm will also be responsible for investor relations for the aviation developer, including seeking out new investors and relating to those who are currently involved with the company.
Big F'n deal. What happened to that last group that began with a G or something....
More crap! IMO
Dreams Dreams & more Dreams - sub $.01 can be the next stop......
Has everyone received their proxy?
I'm guessing some minor news tomorrow or Thursday is coming..
I called the post late last week and the person said they haven't heard anything.
Unreal the stuff some people come up with.
Yup NOT good news at all..
Where have they said they will support GTC?
What's the consensus do we see .015 or .025+
IMO we see sub $.02 this week without news.
hmmm i might buy 100 shares to get something on the board...
sky no trades as of now. Level II via etrade shows 0.00 volume
These are not the BIB's
ATDF has what seems like a never ending supply of shares to keep selling....
That was me. Trading is fine. Just no interest right now
and theres the other... VFIN & VNDM - this thing is going nowhere soon.
IMO
Yup and VFIN sitting on the ask at .022 selling short
i put a small trade in 3 minutes ago - seems they are holding them......
Thats one heck of a wall at .035
If what IJO stated last week that Glenn was in the field getting muddy - this would indicate we did deliver. Would it not?