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Somebody must know something ?
I bet that's good old LJ dumping more out.
"..a much higher chance..." ? Than what ? Lightning striking a cheetah 6 times in a row ? Than the earth reversing orbit ? In my opinion there's NO chance WSGI will ever sell any type of blimp including the not-so-novel blimp in a box. Associating every GOV. contract that mentions blimps (which you've done now for quite some time) has been an effort in futility.
Interesting, wonder why they didn't pick WSGI's awesome blimps ?
I didn't miss it at all WW, keep right on buying down.
"you only have loses when you sell" , WW that's simply NOT true. Anyone that has invested in WSGI as a LONG is showing losses right now. Massive losses for many as a matter of fact. They're rightfully frustrated as they've seen their investment tank into the abyss while having promise after promise sprinkled on them with fairy dust to comfort them. Coastie has successfully shown that there's really nothing new about this mgmt and they have been associated in one way or another with the old mgmt. The proof is in the pps and worthless pr's that have no substance.
Indeed "you only have loses when you sell" is the mentality of one without an exit strategy.
"take it for what is it worth." Well ok, typically it's worth a drop in pps after a penny run up. 2 cents is LJ's sweetspot so regardless they'll dump until it's back down to that.
My humble opinion of course.
Of course not, but that's the way death spiral financing works. LJ benefits the most at its current level so in a way they're saving you from sub-penny land BUT it'll all go down the drain soon enough. Look back at the dumps after it hit two cents........and remember cp, it's not a loss if you don't sell right ?
It means that LJ will be dumping a ton of shares out just like they've been doing.
I'd certainly NOT seek financing with a company that's notorious for death spiral financing that's for sure. I'd NOT pay myself and others performance bonuses, I'd NOT use penny pump and dump promo companies, I'd NOT put out pr's about contracts that couldn't be verified, more especially when it's filled with ambiguity. I guess the new old mgmt had a different opinion on the matter, they've certainly acted much like the old old mgmt haven't they ?
They knew fully the ramifications of dealing with lj, their reputation is well known for that type of financing.
Correct Jet, I don't think it's an evil intent. The incentive for Lj would be to keep it right where it's at for as long as possible. Doing a damn good job of it too, it'd be sub penny by now if not for them but what is the inevitable outcome of share price when the company keeps printing up shares and lj keeps dumping them ? There's your death spiral.
Well look on the bright side, it won't be after tomorrow. Where's the fluff pr's ?
Why can't mgmt answer the hard questions ?
1> Who are you buying the blimp from for blimp in a box ?
2> Where is the PROOF there's a NAVAL contract, when will there be revenues from it ? Why didn't you provide the contract number ? Why the ambiguity ?
3> The premier emergency response organization ? WTF ? Revenues or a gimme ?
4> Why has WSGI NOT applied for approval to do business with the Federal Government ? you've been in business for over a decade and been touting government interest for years and years.
5>What percentage of total sales through GTC actually go to WSGI ?
many more ......
Oh yeah one more question ? Why, since wsgi's core function is research and development, did you spend more money on penny stock promo's than you did on actual r&d per your last 10Q ?
Yeah 16k in chump change. Most likely it's a long trying his best to keep the share price from tanking into sub penny land. If there were "insider" info being spewed out there'd be a huge sum of shares being snatched up by several buyer rather than some chump change being thrown out to prevent an impending catatrophe.
I love the "somebody must know something" days, it's exciting isn't it ?
I don't recall ever mentioning the IRS , it isn't an issue with me. Look at the reasons a company can suspended/delisted as a vendor and you'll see why.
Again coolbreez, how will wsgi sell a blimp to the Government ? Why have they not been approved to do so ?
There is no "new" management. You're the clueless one. It's less than .03 cents a share , I'd say the environs are filled with the stench of the continued momentum of failure. This is a controlled folly for me, my decade here has been anything and everything but a waste of time. I love this company.
For a decade I've heard that redundant nonsense. It was at over 4.00 pps, it's now less than .03. Forgive me if I fail to bow in fear. Whether you care or not of my opinions , my thoughts, my perceptions it doesn't change the path nor the facts before your very eyes.
I'm assuming you're asking me what it would do to my average ?
I really don't see how they would get a contract of any kind with the Federal Gov. They are not approved to do business with them.
GTC is but they don't sell blimps in boxes and 70% of the revenue would go to phipps anyway.
Let me go out on a limb here for ya flyboy. WSGI will NEVER sell ANY U.S. Federal Agency a blimp of any kind. IMO but hey, 98% is pretty dam& good.
Ok , I'll give you that one Nil. I didn't notice. I know how important it is to get the dates right. I was born on the 11th day of the 11th month at 11:11am. Since you're "in the know" you know what I am. That's why my predictions for this company are running at about 98% spot on.
In February they dumped 10s of thousands into penny promoters. They timed it with a pr , I can't remember which one. It was shortly after they received their first "stench" of their death spiral financing from Ljolla.
Lol maybe they meant "any more" , if you look at what they spent on known pump and dump promotion sites it exceeded their r&d expenditure.
No way of determining what ? It is a FACT that they posted revenues from writes "off book". It's in the 10q, I didn't say it wasn't legitimate did I ? I simply compared some of the methods used by old old mgmt with the methods used by the new old mgmt. The similar paths are apparent, the predictive outcomes are the same.
I'd love to see their investor, look at their sold out positions. Huge losses. Glad I don't trust them with my dough. I only live about 15 miles from their main branch. Maybe I'll drop by there.
What's to prove NIL ? It's in the da*n 10q. They're using creative accounting methods to report revenue. It's the same thing (only different) that sent Officers with this company to Federal prison. Nobody believes your star predictions for this company any more, they've always been wrong. Here's my star prediction: WSGI will see a penny sp before 2013 as will it see Barbara packing it up and disassociating herself from this company.
Yeah it looks bad LOL, predictive text from my iphone. I hate it.
We're are the revenues from the recent awesome Naval contract and American Red Cross contract ? Can you say bogus bunk ? Sub penny land is closer than ever , didn't this company get in trouble for cookin the books with "creative" accounting once before ?
It actually does remind you of huffs strat. With one minor difference . Huff/globetel had only one successful flight test of that version. It was tied to the end of a broom handle in a kitchen hallway and prodded with a stick while being captured on video. Then it was pr'd as a successful flight test. Ahhhh the good old days, huff was a real "go getter".
nano is the future, no arguments there.
"but our company would like to acquire it ..." LMAO
My research isn't lacking
Yeah, gotta give credit to Coastie for that discovery. Not defending wsgi but photoshopping is the norm for most ads so it wasn't a big deal until SOMEONE started attempting to interpret it as real. I'm betting that WSGI will NEVER sell a single unit of their blimp in a box. If they do it'll be to GTC as a shell sell. More than one company already has produced this type of product with sales to government agencies but my research shows no return buys for either. WSGI lagged behind on this "novel" idea. Their next move will be from "novel" to "novelty" for b-days, advertising i.e. car lots, etc....IMO of course but WSGI has run out of blimp ideas and they've gotten as small as they can get to be useful.
roflmfao, I stand corrected.
Here's a question, Who is the Vendor that WSGI is buying the blimp from. There's no way they're manufacturing or producing it. It looks almost like the one that the following company has already been producing as a blimp-in-a-box.
http://www.southernballoonworks.com/blimps/us-army-blimp-deployment-kit.html
Only their payloads and time aloft are much greater than wsgi's
LOL, I'd been glad to work on the fixup for wsgi, only I'd demanded cash instead of a bunch of penny shares.
So I was proving to nonot that it was indeed a fake/photoshop . His statement clearly showed he thought it was real.
It's photoshopped PERIOD.
This is the guy that has done their work for them in the past:
http://tomahawkmonkey.wordpress.com/2011/01/16/sanswire-designs/
and here is a link to the original vehicle photo:
http://www.oshkoshdefense.com/foleyadmin/image/90vzkbfxLyCns2gvyBMRv8rim
Nice try
1/2 a penny ? Let's see what the end of the day shows. I guess though in the technical sense you're right. It is a "rise" so I concede.
"that would caused the share price to rise? "
Really ? I was unaware wsgi was seeing a share price rise today, must be something I'm missing.
"What's the possibility that there will be an announcement prior to that time that would caused the share price to rise? "
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