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$2800 traded today...accumulation??
Would you invest in a mutual fund that invest in a penny stocks? Certainly there are small institutional funds that invest in very small caps.
Yes, many ways to look at it, but the reason most all companies want to be a big board is to stop all the volatility of a penny stock. Most large institutions are limited to investing in stocks above $10.00 per share. A $5.00 stock is considered a 'penny stock'.
It will be great when we are on a big board and the market determines SP not MM
Rattle, THANKS for DD
Yes, Lawdog is a valuable asset to this board and one of the reasons I've involved....but IMO he is misinformed about RS. Growing companies do RS for only one reason- to grow share price
Indy, thanks for your insight. It's reassuring to think we have a viable company with potential on going revenue potential!
Willy, How can the company dump AS shares?...you don't make any sense at all. As shareholders our only interest is how many shares have been issued to date- this determines market cap. and share price.
ha, ha, guess I could have worded that better. I like young company investing but the volatility of OTC penny stocks is no fun...controlled by MM. Big Board stocks appreciate in value based based on the market.
GSAT and AMAZON maybe teaming up?
Developments in the mobile satellite industry
07.09.13
What is Amazon’s “transformative consumer broadband application”?
Posted in Clearwire, Financials, Operators, Regulatory, Spectrum at 8:01 pm by timfarrar
Last week, John Dooley of Jarvinian, who have been conducting tests of Globalstar’s proposed TLPS service (which is intended to provide a dedicated, managed WiFi channel) made a filing with the FCC in which he stated that the recent TLPS testing in the Bay Area was undertaken “to help a major technology company assess the significant performance benefits of TLPS for a transformative consumer broadband application”. His filing did not state the name of this company, but the testing under Globalstar’s experimental license (issued by the FCC on April 1) was undertaken at 3 locations in Cupertino and Sunnyvale.
http://tmfassociates.com/blog/2013/07/09/what-is-amazons-transformative-consumer-broadband-application/
The 3 latitude/longitude coordinates given in the experimental license are at:
1) 20450 Stevens Creek Boulevard, Cupertino (37-19-20 N, 122-01-53 W), the contact address for Amazon’s Lab 126 subsidiary
2) 1120 Enterprise Way, Mountain View (37-24-34 N, 122-02-11 W), recently leased by Amazon to accommodate Lab 126, and
3) 10201 Torre Avenue, Cupertino (37-19-11 N, 122-01-48 W), another Lab 126 office.
Of course, Amazon’s potential interest in Globalstar’s spectrum appears to be a key reason why Thermo agreed to invest another $85M into Globalstar in May, in order to complete the 5.75% notes exchange and restructure Globalstar’s $586M loan guaranteed by COFACE. Many investors are now also eagerly expecting the FCC to issue an NPRM setting out proposed rules for TLPS, although it is somewhat unclear whether Chairman Clyburn will act on her own, or if any decision will have to wait for incoming Chairman Wheeler (who has worked extensively on interference issues as chairman of the FCC’s TAC, which issued a report in February suggesting TLPS would be a good candidate for the FCC’s new approach to adjacent band interference).
The fact that the Globalstar experimental license will last for two years suggests that it may take some time for all interference issues to be resolved (including the dispute with BAS interests which is becoming increasingly heated) and/or for Amazon to make a final decision on whether to use TLPS or other spectrum for its planned new application. If Amazon does choose Globalstar then this could lead to a substantial windfall: Globalstar has asserted that its spectrum is even more valuable than that of Clearwire, because of the unique compatibility of TLPS with existing WiFi equipment, implying that it puts a value of at least $2B on the 22MHz of TLPS spectrum.
With the FCC’s intention to license additional spectrum for unlicensed or shared use in the 3600MHz and 5GHz bands, along with promotion of white space access technology, Amazon may have a choice of other cheaper spectrum (albeit without the same ecosystem) in the near future or even using capacity on an existing wireless network. However, until we find out more about the nature of Amazon’s plans it will be hard to know which spectrum is most suitable, and how much Amazon would want to pay to gain access to it.
GTC (and GSAT up 100% last few months)have potential in huge market:
MONTREAL, May 7, 2012 /ATR-Newswire/ ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the release of a comprehensive global report on the Satellite Machine-to-Machine (M2M) Services markets. Global market for Satellite Machine-to-Machine (M2M) Services is projected to reach US$1.6 billion by the year 2017. Growth will be primarily driven by the launch of new satellite services designed to support high-speed, next-generation data intensive M2M applications. Growth will additionally stem from untapped opportunities that exist beyond conventional asset monitoring functions.
Machine-to machine (M2M) is a relatively fledging technology that allows assets, devices, and machines to exchange data with management systems of a company or with people requiring information. The presence of millions and billions of machines, electronic as well as mechanical, provides massive untapped potential for M2M technologies. Though M2M communications are primarily identified with cellular networks, the inability of cellular networks to offer coverage in all regions/locations increases the significance of satellite technology. For instance, terrestrial wireless networks currently cover only about 10% of the earth’s surface thus providing unimaginable potential for two-way satellite data links and satellite M2M. There exist immense opportunities for the technology in industries such as oil and gas, utilities, and transportation and distribution, wherein a large number of assets are deployed in remote locations with inadequate cellular coverage. Inconsistent cellular coverage in difficult terrains, such as, oceans, deserts, remote rural areas, offshore drilling sites, diamond mines, etc., provides a business case for satellite M2M, given that rugged mobile, mission-critical requirements requires superior and enhanced M2M (machine-to-machine) connectivity.
Some thoughts on shareholder meeting questions:
>What's in the pipeline? (It's time for the company to be transparent!)
>Projected revenue this year and next?
>Status of ground stations? GTC revenue projections?
>Targeted acquisitions?
>Funding status?
IMO WSGI still has great potential but 'at this time' we are a long way from a growing stable company. Some exciting news before SHM would be great!
Cool, Mgt says NO RS. EOM
'Kickstarter' is a great way to raise money! I just participated in a funding effort by one of my customers.
Warp, Yes, typo. What I think is interesting is that the Helikite might offer added capability to our product line. They produce an aerostat/kite that offers a high altitude, long duration, stable platform to 90MPH plus. They seem to be a highly respected company with years of inroads in UK, US, MiddleEast and other. Also, we currently manufacture the bladder used in their product.
Note:
>They have been marketing an aerostat based internet solution for years. My guess Google/ Microsoft is well aware of them.
>As Indy has pointed out, their 'spar design' limits 'blimp in box' solution
No doubt, an acquisition would give us a worldwide lock on the tactical aerostat market.
Army test Helikite at Ft. Fleming last year
U.S. News
Army tests blimp-kite hybrid 'Helikites'
A "Helikite" combines the properties of a blimp and a kite. (Image Worldview999 via Wikipedia)
A "Helikite" combines the properties of a blimp and a kite. (Image Worldview999 via Wikipedia)
Published: May 21, 2012 at 2:50 PM
FORT BENNING, Ga., May 21 (UPI) -- For military bases too small to keep blimp-like aerostats, the U.S. Army is testing "Helikites," a half-kite, half-blimp aircraft for low-level surveillance.
An aircraft that combines the properties of a blimp and a kite, and carries communications and surveillance equipment, is among the pilotless flying equipment currently being tested at the Army base at Fort Benning, Ga., Stars and Stripes reported Monday.
Since many of the American military bases in Afghanistan are not large enough to accommodate and maintain the large aerostats that hover over battlefields and enemy lines, sending back photos and other information, "We are looking at small, more tactical aerostats that can be used at those small bases, " said Maj. Peter Moore, product director at the Fort Benning-based Rapid Equipping Force.
The Helikite is among the small aerostats being tested to learn how long launch and recovery operations take, how they perform in windy conditions and how long training programs for operating personnel will take, the newspaper said.
Helikites range in size from a model 6 feet long capable of lifting cameras and communications equipment, to an aircraft 24 feet long that can lift as much as 30,000 pounds of equipment, said Sandy Allsopp, owner of the British firm Allsopp Helikites, which makes the aircraft for the U.S. Air Force and Navy, and the British Army.
Read more: http://www.upi.com/Top_News/US/2012/05/21/Army-tests-blimp-kite-hybrid-Helikites/UPI-78931337626219/#ixzz2YBrIuyzL
From the Aerial Products Website (our distributor):
"We are also one of the most respected balloon and blimp manufacturers in the USA. We exclusively manufacture the only two wind-resistant balloon designs in the world, the Floatograph Technologies’ Skydoc balloon and the bladders for the Sandy Allsopp Helikite."
Indy, you are probably aware that we supply the bladder for the Helikite...seems like an ideal candidate for aquisition.
I've reset my expectations for WSGI. If we can achieve $6M to $10M in sales this year, I think SP will appreciate to $0.06 to $0.10 or so. Nothing wrong with this, a building year for WSGI.
Yes, RS without rising share price is the kiss of death. WSGI won't do a RS until the sp is at least $0.50...we have a long way to go!
Baghdad, good idea. I've contacted NG and a division of Virgin...and found interest in both.
Cool, Here are some facts (RS with BIG RETURNS!):
http://www.forbes.com/sites/heatherstruck/2011/03/21/citis-reverse-split-will-it-help-the-stock/
"Looking at the companies that initiated reverse stock splits back to 1989 shows some instances of big returns. The biggest winner in that time was NVR, which CEO Dwight Schar pulled out of bankruptcy with a reverse stock split in 1993. Schar made a killing in stock sales, and the company has increase its returns by more than 7,000% in that time, trading now at $758.40.
Other companies that have opted for a reverse split include San Francisco’s current gem priceline.com, which was trading around $25 in 2003 when it initiated a 1 for 16 reverse split, and has returned 1,700% since then. Forbes‘ statistics department shows that the reverse split can be handy in times of need:
Stock Return Year of Reverse Split
NVR Inc. 7,255% 1993
CKX Inc. 4,651% 2002
NewMarket Corp. 4,264% 2002
Autonation 2,803% 1987
Bio-Reference Laboratories 2,686% 1993
IDT Corp. (Cl B) 2,534% 2009
Diamond Hill Investment Group 2,147% 2001
Range Resources 2,125% 1992
Intuitive Surgical 1,991% 2003
priceline.com 1,761% 2003
Cherokee Inc. 1,730% 1993
Cool, companies who do successful RS are growth companies with contracts and exciting future...stock price goes up not down!. Most all companies want to be on the big boards for one reason- STOCK APPRECIATION! Big Board companies appreciate much faster than penny stocks.
Most investors don't invest in penny stocks because of it's volatility....I made a big mistake I didn't sell out of WSGI when it lost it's big board status.
2000 Big Board shares at $5.00 per is much better than a million penny shares at $0.01 with wild flux.in sp. Wouldn't you want a big board stock verses a penny stock?
Thank you for your thoughts...very interesting.
The big elephant in the room is GSAT/GTC Ground Stations. Since these are needed to build out their sat network (especially for FAA NextGen).
My guess is that funding (for GSAT and GTC) will be announced soon.
Ground Station funding would change the current market cap IMO
No, unless we have a significant pipeline, I hope for break even at $0.05 in the next twelve months....which is OK with me.
Yes, I made a big mistake being emotionally tied to the technology. Any smart investor would have sold out long ago...and bought back in at a penny. IMO.
Cool, sorry, I totally disagree. Doing a RS at $0.50 (the lowest possible to achieve $5.00 big board) would make me a multi-millionaire- with a chance to grow significantly on a BIG BOARD! I think you have a $.001 penny stock attitude.
Great first half of 2013....
We were pleased to announce on April 1, 2013 that the Company had completed the acquisition
of LTAS, which will operate as a wholly owned subsidiary of WSGI. The first results of this
acquis
ition are already evident:
•
April 3, 2013
LTAS delivered the initial BiB aerostat system to the DoD. The delivery
included not only demonstration and testing of the BiB aerostat system but also multiple
training sessions for soldiers on the base in prepa
ration for future military exercises.
Formal DoD acceptance of the first BiB system was issued following completion of the
testing, the initial round of training and an inventory accounting.
•
April 9, 2013
LTAS provided seven critical aerostat launcher
electric main winches and
spare components to support the Small Tactical Multi
Payload Aerostat System
("STMPAS") for the U.S. Army Rapid Equipping Force ("REF").
•
April 16, 2013
LTAS
provided the initial trailer
mounted aerostat launcher system and six
aerostats to BAE Systems to support the U.S. Army Space and Missile Defense Command
("SMDC"). The LTAS self contained, compact, trailer
mounted aerostat launcher system
and aerostats have been delivered and are undergoing testing and evaluation for various
mission profiles to support and enhance critical communications for the Army. Utilizing the
LTAS aerostats, the SMDC is able to extend encrypted communications up to
approximately 20 miles using standard battlefield radios. LTAS expects to deliver the
sec
ond aerostat launcher system to BAE Systems in the second quarter 2013.
•
May 1, 2013
LTAS
delivered the second BiB aerostat system to the DoD. The delivery
included not only demonstrations and testing of the BiB but also additional training
sessions for
soldiers at the Fort Polk, LA base as the systems are prepared for future
military exercises. Formal DoD acceptance of the BiB system was issued following
completion of the testing, training and a complete invent
Indy, do you have any ideas on our next possible acquisition?
In regards to Eastcor- no one knows what they build....any ideas?
"The Company would like to assure shareholders that there is currently NO plan for a reverse stock split
in the foreseeable future"...too bad, it appears the company expects no appreciation in share price. I would welcome a share price of $0.50 and a RS to $5.00.
The company has NO CONTROL over DOD procurements and GSAT ground station delays. We waste our time thinking shareholders can dictate anything to management. I trust they are doing a great job and support them 100%
WSGI is a high risk investment. A tiny company with some interesting technology (with potential). The market cap of $8M is fairly priced at this time, IMO. For most of us, it has been a terrible investment and we are way too emotionally tied to the stock (and share price). Smart investors sold out years ago (some bought back in). It's not a good idea to invest emotionally!
I like the technology...this is the only reason I'm still adding shares. My expectation is that it may take years for a ROI.
Yes, I'm underwater $100K plus, but the reality is that the wars are over so I've reset my expectations. WSGI has a great future but it may take several years for build out. I'm still buying shares at these levels!
DOD 'new system' Procurements are made by generals. If successful they get promoted, if not, their career is over and they are forced out. Hopefully, the general promoting the BIB is very successful.
If we get a follow on BIB order, this is a very good indication for future procurements. If we get an order for 6-10 BIBs, then the likelihood of larger procurements down the road is very good. Also, I believe the ARGUS Testing prompted the BIB development and the ARGUS makes a very good solution for battalion ISR maybe in 2014.
IMO, it's a waste of time to be focused on SP at this time. WSGI will probably be a SLOW appreciation stock although I believe a 10X this year is possible.
Like INDY, I bought stock because of the technology.
My impression is that they knew it would never work (but a great way to keep people employed in FL)...just a DOD boondoggle IMO. I know they are tracking the segmented design and BIB development...NG responds to DOD needs, they do not sponsor new development without funding...they are not a Google investment Group.
Indy, just for the record I have no friends at NG that share their thoughts on DOD contracts with me. Anything I may have mentioned in the past where pure speculation on my part. I'm surprised you would make this statement:
Yes, 'some time' better choice of words. The points I wanted to make are:
> BIB is a huge potential opportunity (maybe larger than airships in the near term)both DOD and commercial.
> Ground Stations are coming- it's just a matter of funding. GSAT currently has 24 ground stations and covers approx. 80% of world....GSAT will close on ground station funding very soon...IMO
The ARGUS Airship (at $3-$4 million each) has many potential uses- both DOD and Commercial...but the reality is that LTAS is needed now for DOD and commercial applications.
I agree with everything INDY says.
Yes, GSAT needs to build out their ground stations to expand coverage for FAA NETGEN
Mad, HA, HA...the DOD BIB opportunity could be worth millions/billions over time!