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Gotcha BareBaxBo, but the rest of the google read-out includes: civilian personnel · retired military · space and missile defense command · active duty · munitions. My bold, particularly noting active duty.
be_real, Redstone Arsenal is based alonside of Marshall Space Flight Center in Huntsville, AL; where Space Camp is located and the Saturn Rocket was developed. Correct me if I'm wrong, anyone?
TheHunter2013, I have finally come to terms, within myself, to declare this (my personal) investment a bust. Given the new authorized share count, I will NEVER recover my position here. Good luck to the rest of you though. Imho, the sun will (again) NEVER power up this play. Prove me wrong Tom! I dare you! C'mon, make me shut the f*** up! I'll eat crow if you're serving it. XSNX Ihubbers, please pardon the rant.
BayCityNights, you make a good point. Given that LYJN is indeed a Pink Sheet stock, fwiw, here's a definition (from Investopedia; my bold):
Definition of 'Pink Sheets'
A daily publication compiled by the National Quotation Bureau with bid and ask prices of over-the-counter (OTC) stocks, including the market makers who trade them. Unlike companies on a stock exchange, companies quoted on the pink sheets system do not need to meet minimum requirements or file with the SEC. Pink sheets also refers to OTC trading.
...and then there's a definition of Unlisted Security:
Definition of 'Unlisted Security'
A financial instrument that is not traded on an exchange, but through the over-the-counter (OTC) market. Unlisted securities are also called OTC securities. Market makers facilitate the buying and selling of unlisted securities in the OTC market. Because they are not exchange traded, unlisted securities can be less liquid than listed securities.
http://www.investopedia.com/terms/p/pinksheets.asp
http://www.investopedia.com/terms/u/unlistedsecurity.asp
With all due respect, please elaborate on the FL statute reflecting companies traditionally listed on the major exchanges and how that ruling applies to Pink Sheet stocks. Of course the definition says "file with the SEC". Perhaps there's a provision for Pink Sheets. If there is, please share. Regards.
Hello All. I have to admit it: it's all my fault that this stock isn't moving. It's only because I refuse to dump my holdings and move on. Please forgive me for deciding to ride this one out. Perhaps some one else out there share my dilemma; you know, when you leave/quit some endeavor, that's when it takes off and does so much better. If you're out there, please sell. But in the meantime, GLTALs and have a safe holiday. Cheers.
Q-reus.
Dividends are always good. But what ROIs? This stock seemed to be a worthy chance to me for growth and I decided to buy stock within this company; profitable, no debt, and producing. On Dec. 16th, 10 years will have passed since I established my position. Never, ever, have I seen green with my position with Caledonia Mining Corp. At the time, I envisioned a collapsed fiat monetary system (10 yrs. down the road) and CALVF being a part of my nest-egg. All I have seen was the rs. I do commend management at keeping the costs down and remaining debt free, but this common investor has seen no benefit or anything to smile about. Sorry about the negative, dismal post but the positive news does little to bring a smile to my face. My initial .33 p/s cost now reflects as $3.33 p/s and my holdings are down more than 77% (again never seeing a gain) to which I do not expect to recover. Be that as it may, GLTA and have a safe enjoyable holiday; and thank you NYBob for all that you do here in keeping us current on company info.
My last purchase of XSNX occurred a number of years ago, when I decided that I should hold instead of continuing to average-down. The temptation to get back in has been compelling, but I've managed to fight the urge. Should XSNX ultimately prove to be a profitable corporation, I will make my money back and many of you will be living witnesses to a dream-come-true and might even be heralded as wise investors. I admire the majority of posters here, having legitimate positions as stock holders, expressing legitimate concerns (both pro and con); no excessive pumping or bashing. Those are signs of a quality forum (this particular IHub board), in comparison many others out there. The inactions of our esteemed CEO Tom Djokovich (as he alludes to himself in the newsletters) is bringing out the worst of some of us that makes it seem like the stock is being bashed, but that is not the case. All imho. GLTA.
PS - The newsletter which would have normally been released during the last week seems to have been superseded by a MoneyTV release; there's still the rest of this week before the month ends. We'll see.
tbone1360, exactly! My bold: "MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $11,995.00 to $17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies." So, over the years, given the many-many MoneyTV promos: with 0 (zero) revenue from the company, I've concluded that the monetary equivalence of shares have been added to the outstanding count to pay for these promos through the years, and that is part of the reason, imho, the authorized number of shares were increased so significantly. When more cash is needed, issue more shares for cash flow. King, I salute you for getting out with a positive ROI (I assume).
insighter, what other choices were on the table, had the company passed on LJC's funding? Given the status of the company at that time, the next move would have most certainly been bankruptcy. There is no way the company would have survived, imho, and this present status of WSGI would have never materialized. The majority of investors have frowned on the LJC transaction (me as well), but again, what other options were there? Were there any? Best regards.
... or bite the hand that feeds us, lottabuks? The alpha dogs that are in this stock haven't been fed for years and the pups are being teased; given some feed (gains) then take it away; except for a few who were smart enough to take some gains. So much for my metaphor. Oh then there's the "shooting in the foot" analogy. The bottom line, there are 16,000 investors in this company and this board has 159 followers. This board has less than .01% of the investors watching or giving input here. So should we hear, speak, and see no evil and allow ignorance amongst ourselves, hoping for the better? We've been handed manufacturing, production and sales promises since I first got in (2006). Oh! They did reach a milestone, a California license this year. What are they going to do with it? I was under the newest impression that the company will be using it's license/patent to allow other companies to manufacture/sell XSunX technology. Is that going to actually happen? I am still willing to "eat crow". GLTALs.
I truly want to see the company succeed as well. Hunter2013, bag us a "crow" and have it ready. I'm ready to eat!!! Nothing negative directed at you Hunter. I felt a light moment.
I'm with you moneyman2013. I have my table set and am prepared to eat crow. I'm challenging TomD. I've come to the conclusion that Dr. Tuttle probably made a suggestion to Tom at some solar industry convention in the past, and TomD proclaimed the moment as "advisory"; of course with Dr. Tuttle's permission. This act was probably deemed to give the company a little more clout. I have found no other mention of Dr. Tuttle's influence on the company; no delivery of stock options to him of any kind, unless I've overlooked something. I've just perused the 8-K's and 10-Q's following announcement of Dr. Tuttle to the advisory board. One thing that I did find (un-nerving) was that TomD's award of 5,000 shares of Series A Preferred Stock, in June, added to his 14,493,000 giving him an equivalence of 239,851,377 shares of common stock or approximately 63.85% of the Company's voting stock. There is a total of 16,000 stockholders with this company and he controls nearly 64% of the votes. In essence, this company should be private. And yet no shares have been shown to be awarded to Dr. Tuttle? What's in it for him? C'mon Tom, tear my foot off and shove it down my throat! Make an example out of me! I'm a shareholder who's willing to say that I was wrong. Tom doesn't satisfy the majority of the stockholders by answering pertinent questions because he alone is the majority. I apologize again, because I can only look at our presence here cynically and pardon the long rant.
Thanks 99. I've been sitting at my work desk nearly dozing; decided to click on this site and your post physically brought a to my face. No longer drowsy....
Idrawcircles, I'm guessing that we'll see one this week; next Monday or Tuesday at the latest.
holter, but there is (at least a modicum of) substance. What about LTAS [BIB and its accompaniment] and GTC? They are real, tangible assets in my eye. Regards.
I've been hoping and wishing for some type of blurb form Dr. Tuttle, thinking that he is a staffer/board member with the company. I'm now thinking that his presence is superfluous, given that he is an advisor, not a "real team member". My take now, is that he is not actually working behind the scenes. C'mon TomD, shut me up. I will readily admit that I have been out of line questioning TomD's leadership and motives, perhaps unjustly.
kenair, I appreciate your optimism, after all of these years; but $15 per share by next summer, or EVER? Have you considered the share count as to where that will put the market cap of XSNX? Let's see, we're presently sitting on 388.28m shares outstanding with an extra 2b shares that have been authorized? I came in around the same time that you did with a few purchases during the incessant declines and decided to hold. Should this stock ever reach the level it was at when I first entered, the majority of the posters here will be affected with immovable Cheshire grins. $15 per share... NEVER!... unless... perhaps with a 2000:1 reverse split, after signed contracts and full production. All imho. C'mon Tom, make me shut the F... up!
How is it that the DOD pays multiple-billions of dollars to entrenched DOD contractors and receive failure-after-failure of new innovative technology, without a remedy being offered by the contractor? It's just financial padding without consequence. But yet the common wisdom is that that citizens of this nation seem to carry a sense of entitlement; I don't think so. What the citizens and the small potential contractors (like WSGI, etal) need is an equal lobbying force to match those of our DOD contractors and other special interest groups because our Congressional Reps definitely are not lobbying for us; there's nothing to gain. I'm guessing that near-hundreds of billions of dollars have been doled out for zero results, and are no closer to a working product than WSGI. Of course my knowledge of this industry is negligible, but the playing field and free dollars that are given to our potential competitors need to be reconsidered. DOD contractors need to be held accountable for their repeated failures. They fail at their tasks repeatedly, but yet are always profitable as an entity. At least make some of these DOD supplementary dollars available to the small innovators like WSGI; and give them an equal chance to fail, should that prove to be the case. All IMHO; GLTA. Q-reus
Rocketman320, "thank you" for your insightful post. Imo, the WSJ story of the company's last press release is what sparked the momentum change along with the sp climb. kingofzamunda1 was wise to take some profits when he realized double/triple gains from his investment; those who didn't follow his lead could be left with ... if I woulda-coulda-shouldas. It will be quite a while before (or if) I ever see positive returns on my investment, given the added billion shares reserve. Tom D's latter MoneyTV did nothing to add to the market momentum of XSNX. Should there be an extended delay of announcing any signed contract(s), the sp is destined to retreat to it's turtle-shell/earthworm/sub-penny arena. And in the meantime, until there is a news release of signed contract(s), it would be a great boost to the company and sp for Dr. Tuttle to come from behind the scenes and offer/corroborate the status of the existence of pending contracts and perhaps offer a potential timeline for the company becoming operational. Given his resumé, expertise, and status in the energy industry, a news release authored by him will boost inquiries from outside interests and investors as well. All IMHO. GLTA.
Thanks guay. That is the first mention of XsunX that I have ever seen from an outside source. It would be even better to get a review from a domestic source. Fwiw the translated segment follows (Google Translate):
The XsunX Inc. is 1997 was founded in Colorado and seems originally to the development and commercialization of a new thin-film solar cell technology of amorphous silicon to have employed. In June 2004 , the headquarters to Aliso Viejo, California, and. However, the first searchable information is from the end of 2007 , and at this time the company is already working on a new, patent-pending hybrid manufacturing solution for high power, existing technologies and proven processes to be adapted in order thin-film CIGS solar cells at low cost to produce. The manufacturing technique robust magnetic media (hard drives) is combined with a so-called thin-film co-evaporation manufacturing process.
In October 2008 XsunX announces that it. using the Spire Corp. and Shuttleworth Inc. have concluded an agreement on the terms of the components with which the company can carry out the final assembly of the ASI-120 solar modules with a rate of one module per 90 seconds. This is based on an annual capacity of 25 MW. Mid- 2009 , however, 'spoken of one, extended strategic plan, therefore XsunX want to get away from dependence on expensive production structures, and instead focuses on manufacturing and delivery services with companies that specialize in the parts manufacturing, assembly and equipment in the production of solar modules. In September, for example, with the Intevac Inc., the world's leading provider of deposition equipment to magnetic media in the hard drive industry, cooperation in the development of commercially marketable processes and systems for the production of CIGS thin-film solar cells on stainless steel - which one learns that XsunX itself has not yet mastered the process to this extent.
XsunX coating
XsunX coating
In January 2010 , the company informed that it has completed the development of its CIGS coating line, and in March, the co-evaporation treatment chamber. The Board processed 125 x 125 mm large substrates. In October it is possible for the first time, cells with an efficiency of about 14% to produce, which is just a month later, on 15.1% can be increased.
With the Telecomps Technology Corp.. Ltd.will be in March 2011 agreed to cooperate on the development of assembly capacity for solar modules, in April a service contract for the developed production line with MAG Industrial Automation Systems, and in July certified that NREL one in the meantime reached cell peak efficiency of 16.36% , while the average for the cells produced at 15.91% is. Also in July XsunX expanded its technology development and marketing activities at a new location in Irvine, California, and wins with Ironridge Global IV, Ltd.. another investor who brings $ 0.5 million into the company.
The recent XsunX message is from October 2012 and states that we now stand on the verge, the complete assembly of the self-developed Bedampfungssystems.
I googled xsunx then clicked on the link and it opened. It's a repeat/copy of the investors' newsletter. I do not subscribe as well.
Wow, things really are looking up! This link most definitely outshines MoneyTV: http://online.wsj.com/article/PR-CO-20131016-904909.html?mod=googlenews_wsj Now what we need is an industry analyst's report...
Rocketman320, point taken. I'm finding it difficult to not be cynical of TomD's regular MoneyTV releases. They do cost money, which the company is not making any of, as of now. I have been hearing positive near-term promos since I purchased my first share in 2006. To this day, I still haven't seen a direct write-up of the company from an industry analyst, and what bothers me the most is the closing statement of every Investors' newsletter: "you can view a recent interview from last Friday on MoneyTV with our CEO, Tom Djokovich"; and then he signs off. At least have Dr. Tuttle or some other associate post the message (would put me at ease about the works of our CEO) instead of ending it with his own self-endorsement. As a matter of fact, a statement or more from Dr. Tuttle would be highly appreciated by all parties involved and perhaps the market. As far as I'm concerned for now, Dr. Tuttle is a phantom fixture within the company. Again, c'mon TomD! Make me shut the ell up and eat my words! That would make me very happy and change my cynical ways. GLTA.
Amen K-O-Z. What is the cost comparison of Press Releases-to-MoneyTV Ads? Let's see, the last MoneyTV release was on 9/27. That means a new MoneyTV release will come out tomorrow; unless TomD reads this post and prove me wrong. Nonetheless, if not tomorrow, look for a delayed MoneyTV release next Friday. I can not imagine a MoneyTV release getting scrapped because they get bought and paid for... but we'll never know.
trunkmonk, given the toxicity of finance plan that the company used to stay afloat, do you think there were other (or better) options available at the time? New faces, Clark and Estrella, kept the company out of the can; where the SCE rulings could have indeed driven a final stake into the heart of this entity. To use a metaphor, I compare the LJC financing to using a sickening agent to rid the body of its infection (akin to chemotherapy).
Company News
Lighter Than Air Systems Receives Order for Aerostat Systems to Support the U.S. Army Rapid Equipping Force
Download PDF
Five Custom Aerostat Systems and Subcomponents to Be Delivered Directly Into Active Overseas Operations
KENNEDY SPACE CENTER, FL -- (Marketwired) -- 09/25/13 -- World Surveillance Group Inc. (OTCQB: WSGI), a developer of lighter-than-air aerostats and unmanned aerial systems, announced that its wholly owned subsidiary, Lighter Than Air Systems Corp. ("LTAS"), has received an order from prime defense contractor Universal Solutions International for five custom aerostat systems and subcomponents to support the U.S. Army Rapid Equipping Force ("REF"). The aerostat systems and related components will be delivered directly into active overseas operations to support U.S. military troops in staged shipments beginning within 30 days.
The LTAS aerostat systems requested by the REF were custom-designed and engineered, and will be manufactured, to provide capabilities for specific mission requirements. The systems include aerostats, winches, tank racks and related support equipment. This order follows a previous REF order where LTAS delivered seven custom-engineered, critical aerostat launcher main winches and spare components to support the Small Tactical Multi-Payload Aerostat System ("STMPAS").
Glenn D. Estrella, WSGI President and CEO, stated "We are excited by the follow-on order from REF and the opportunity to provide the Army with critical aerostat systems and components to immediately support our troops in sensitive ongoing operations. We will work diligently to prepare the aerostat systems for prompt delivery and deployment. We intend to continue to execute on our strategy to provide tactical aerostat solutions for military and commercial applications both at home and globally."
World Surveillance Group and Lighter Than Air Systems have launched new websites with more current information and details on our products and services. For more information about WSGI and LTAS, please visit http://www.wsgi.com and 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 that have been proven to fulfill critical requirements by the military and law enforcement in the U.S. and around the world.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include those regarding WSGI's or LTAS' relationships with the REF, the Army, or others and our ability to continue and/or expand such relationships, the suitability of the LTAS aerostat systems or subcomponents for any particular application, the ability of the LTAS aerostat systems or subcomponents to satisfy customer demands or requirements or meet any specific challenges, the ability of the LTAS aerostat systems or subcomponents to function in accordance with their design expectations, the timing of delivery of any aerostat system, the capabilities, characteristics and advantages of, and costs related to, the LTAS aerostat systems or subcomponents or WSGI's other technology, products and services, the further advancement, development or commercialization of any of LTAS' or WSGI's products, the ability of WSGI or LTAS to secure business with new customers or grow revenues, and the ability of WSGI 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.
Source: World Surveillance Group Inc.
Released September 25, 2013
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Hopefully that's the plan. Otherwise major major major dilution and should any real sales/contracts develop, the pps will never prove beneficial to common shareholder. GLTA.
Oh, and given the present count of Authorized shares (from January of this year), this very pertinent statement must not be omitted:
On June 27, 2013 our Board of Directors approved an amendment to our Articles of Incorporation (the "Amendment") to increase our authorized shares of Common Stock from 500,000,000 shares to 2,000,000,000 shares. Our majority stockholder, Mr. Djokovich submitted a written consent approving such amendment to the Article of Incorporation in lieu of a special meeting to the shareholders on June 28, 2013, to be effective upon the filing of an amendment to our Articles of Incorporation with the Secretary of State of Colorado.
Oops! ...the duplication hazards of posting from mobile phone.
Gtrading, (fwiw) taken from the 10K, Jan 11, 2013: Transfer agent - Island Stock Transfer - 15500 Roosevelt Blvd., Ste. #301 - Clearwater, FL - Ph: 727-289-0010, fax: 727-289-0069. Outstanding shares - 388.28M; Float - 337.29M; Authorized - 500,000,000.
Gtrading, (fwiw) taken from the 10K, Jan 11, 2013: Transfer agent - Island Stock Transfer - 15500 Roosevelt Blvd., Ste. #301 - Clearwater, FL - Ph: 727-289-0010, fax: 727-289-0069. Outstanding shares - 388.28M; Float - 337.29M; Authorized - 500,000,000.
Gtrading, look here: http://www.otcmarkets.com/stock/XSNX/company-info
ohmyohmy, I concur with TheHunter2013's condensed company review. I started in May '06 @ $1.69 p/s and started to average down, NEVER to see green; stopped and held ever since. The encouraging pr's have continued to this day. I do not recall if I've seen a single independent write-up of the company to this day, however, that is not to say that there haven't been any. Should I ever reach even money in this play, I can only imagine the "Cheshire Grins" that many of you will be walking around with. For now, Tom Djokovich is Tom Joke-ovich and the joke is on us (the stock holders). C'mon Tom, make me eat my words. In light of my cynicism, I still wish GLTA.
L_R, I suspect that Hanna's brain has been going non-stop since the little one's arrival, with new design ideas. Maybe a baby line of clothes will be in this falls line-up, amongst other releases. I'm impressed that there didn't seem to be any slow downs with new promos throughout her pregnancy. Go LYJN and GLTALs!
cpmac, there is one thing that definitely applies to Glenn E. and crew though; they are not sitting on their hands and issuing grandiose promises. The team-building process that has been demonstrated and the willingness of those companies that are involved says to me that they endorse the WSGI's initiatives and strategic direction. And about the few BIB's that have been secured, consider the workings of gov't and its spending process. Could there be a chance that the BIB purchases thus far might have been secured through some miscellaneous funding, and not allocated with the normal fiscal year budget? ... just a thought. Perhaps there will be a better perspective on things coming the next fy, this October. And the move of Argus One r&d to Ohio does not necessarily mean that ties have been severed with EastCor Engineering; but maybe the relocation might offer more testing freedoms compared to the Easton, MD locale. Also, consider that Easton is within a very close proximity to Wash., DC's restricted airspace, imho.
Captmoon, interesting article indeed.
From that article: "The program aims to help early-stage U.S. companies that are still in only the research and development mode, as wells those that already have found customers who are at least willing to test-drive newly developed technologies before deciding whether to place orders" ... and it ends: "To select and fund the next batch of startups, Energy Excelerator will be accepting applications until the end of this month".
Let's see if Tom D. or anyone representing the company make a reference to this story at all, by the end of this month or the beginning of next month. GLTA, but I have my doubts.
Ironically, indeed. Here's some irony for you... I feel as strongly with a different Pink, wsgi, as you do with this one. This company's former CEO was jailed along with other officers for fraudulent practices, and has taken years for the company to finally arrive at testing stage for its business interests; being marketed to and tested by gov't agencies and industry. The company has persevered despite the earlier wrong doings. They have purchased other companies that's advancing their stature in the industry which has allowed them passage into the wider arena of their specialty. I have always believed in the concept and the technology that the company is offering.
I understand how the same might apply here with XSNX and you, kingofzamunda1. My faith in Tom D. is minimal, at this point, at finally delivering XSNX to the next stage. The company hasn't given me any incentive to average-down from where I changed my position to hold. I'm staying though because it could happen. The company could break-out. This one is a totally speculative play on my part and should I lose, it won't hurt too bad, remembering that we're playing with Pinks. GLTU and all.
I will start this post with a pre-emptive apology for seeming to bash XSNX. I wish that you had been around during the Power Glass days. I assure you that the enthusiasm was as high, if not greater, than is reflected presently. The company's newsletters were just as encouraging then as well; giving innuendos about upcoming plans and contracts, purchase of production facilities. I suggest using caution in over-loading ones position. I gather that you are presently in a position to be well rewarded should the sp turn favorable. Should good news do indeed reach the masses, the opportunity will still be there to add to existing positions; and be mindful that the reference to the Sage of Omaha only pertains to blue chip companies. In the meantime, thank you for your efforts in moderating this board. I applaud your enthusiasm, but please be mindful of the existing pattern that the company has established over the years. I am still holding and my position is not worthy of a write-off. With all due respect...
Q-reus
I'd say, you're right on target; if there are any sales even then. I still say be leery of the pattern that Tom D. has established over the years. Your message, post #4122 pre-empted the shareholders' letter. C'mon Tom, make me eat my words.
Greetings, SZapps. What brought your attention to Lyric Culture, the brand, and LYJN?... with all due respect.