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This might be the biggest pos I have ever bought.........
not jacked yet, we are just getting back losses from the last two weeks...........
"idle" In the last few weeks we have gone from just over a penny to current .004ish, that is not "idle" when your talking peoples money.......
Longs selling, really?? Who would hold till .004ish then sell, for what? why sell now? "longs" come on, they either still believe or hold the loss till end of year......IMO
Lighter Than Air Systems Corp. ("LTAS"), a wholly owned subsidiary of World Surveillance Group Inc. (OTCQB: WSGI), a developer of lighter-than-air aerostats and unmanned aerial systems, has entered into a distributor agreement with U.S. Government prime contractor ADS, Inc. ("ADS") to distribute Blimp in a Box™ aerostat systems ("BiB") and related sustainment equipment
Risk, this is how they sell to GOV, right?? who cares if they are approved. They can sell just like above agreement......
Did you really post something from 20 years ago??
MCVED up 48% today
Turbo, "the best is yet to come" Well can't get much worse, we are at 1 penny!!! No action from Q release or this news, not encouraging.
However you want to view it, my opinion is there is a chance WSGI probably would not qualify....When you apply for state or fed gov contracts, they require in most cases
1. references
2. 2 or more years of financials
3. overall back ground check
among other things
How do you think they would fair??
"We have not yet attempted to register as a contractor with the U.S. Government"
Why not????????? begs the question, Would they qualify?? my opinion is probably not.
financials need to be in order!!! could be a reason, in my opinion.
Wonder if WSGI was able to keep this arrangement? Did they deliver the first of the staged shipments? Has it all been delivered?
"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."
trunk, Really. Are you the one who was comparing WSGI possible future to Twitter????
Can you answer this?
Why would someone jump up to by mine @ +20%, if shares are just laying around with no buyers? There are no shares laying around, walk down to shake......
yes, no news and a 30-40% loss from last month. Yeah I do think hands get weak.....I did, sold a portion to limit further losses and also to have some funds available if SP continues fall.
sold a few today, 155000 @ .01
took all day, but someone reached up grabbed mine and then dropped it down. Interesting.....seems that this has been dropped in an attempt to free up some shares from weak hands. Any comments?
Indy, you generally post highly of WSGI management. They have an obligation to the shareholder, how's that going in your opinion?
Turbo,
In my opinion,
If things move "slow", prob wont happen. Technology does not wait. look how far drones an un-manned has gone in just 10 years, that with companies with money.
So it doesn't matter if you believe in WSGI or not, nobody can say the company is doing everything they can to improve the SP.....I for one am very disappointed in management for the lack of anything regarding SP. Under a 1c is just pitiful. Over a month since we have had a crumb of news.
under 1 penny
lawsuit
management changes
no news
I need to ask myself the tough question, Why am I still in?
be real, I would think "if" WSGI received an order for multiple units, pretty sure there would be a large % paid up front and multiple $$ draws before completion. Funding might be needed for day to day operations but shouldn't be needed for an order. My thought.
Cpmac, I read this. Did you?
" Two ACPS payloads will be deployed for NIE 14.1, one aboard a Beechcraft C-12 Huron transport aircraft and another on an aerostat."
Does it state who's aerostat? Did I miss It? or could it be possible that its a WSGI product?
Cpmac, can you post where that information is listed?
"They are NOT using the BiB"
Cp,
bad guess, I guess..........
link, your post is the only info I see on the WWW...
rwehap, Great find...
What ever happened to the posters "Danielle" "nerd86"?? and would like to hear from Mide a little also....
Madmonk, reading back at your last 25 or so posts, (most negative I might add) you have been pretty critical on GTC, has recent news on GTC changed your opinion???
"directed at aplhvac who seemed to think that WSGI's debt would magically disappear overnight. Any rational person knows that that isn't going to happen"
First Madmonks, my comment was "debt can be made up very very quickly" not DISAPPEAR OVERNIGHT. With the right relationships money could be ridiculous, and quick. Just trying to say my opinion is the 15 million (as you say)is really not that much and the key words were "made up" meaning reduced quickly, but however you want to read it......
Second, Indy may have posted his opinion on revs, but this market of UAVs can change quickly for a company. I have some first hand knowledge of a small local company near me that had recently prospered when UAV $$ started coming their way.
Last, "You'd be pessimistic, too, if you were invested as long as I've been in this company"
I too have lost plenty during the Huff days and soon after, as well my family and friends that I talked into investing with me.....I had visited GlobeTel, spoke to Huff and really was fooled like many. I am not living in the past and I have hope for the near future.
What part specifics, please. Sales coming and debt is only 10 mil, what's not to get
Wake me if I am dreaming,
Ok, lets assume contracts start pouring in after the military finds our products very useful. 10million in debt can be made up in very very quickly, what is company that is actively working contracts with the GOV and no debt worth? Could this run beyond all of our expectations and much sooner than previously thought?
Contract differences.
lets for fun, assume that means he wanted more compensation?
Does that mean the company is on a higher pace with operations and he wanted some additional credit?
"WSGI represents and warrants that for so long as the Promissory Notes between Global Telesat Corp. (“GTC”) and Jamal Tassie are outstanding, WSGI will hold as close to possible bi-weekly conference calls with Mr. Tassie, which Bocchichio will be invited to attend, and which Barbara Johnson will to the best of her ability be present on, to discuss WSGI’s business and the timing of repayment of his notes, providing that Mr. Tassie enters into a Non-Disclosure Agreement with WSGI; and that WSGI will use its commercially reasonable efforts to cause GTC to repay such notes in a timely manner."
Can someone explain this from the 8K?
never a dull moment......
"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"
Seems there is a lot of work that needs to be done quickly, I find it great that the company has the logistics to provide quick turnaround.
CP, "Getting close to dumping it all and moving on." Are you still getting close?
my speculation is must be big deal since Indy has not been here to comment..........
Why are we talking about shorting??? Nil has provide the data that shares short are at an all time low, Right?
If I was sitting on 85 million shares, Why would they not want it to go up up????
The great news is there was a deal made. Issue is, it seems the company has not earned a stock run on news without #####'s
"delivered directly into active overseas operations to support U.S. military troops"
THIS SEEMS TO BE BIG TIME.........
Strange that it is not listed on the site. I read the last 8K and it seems WSGI retains all rights and decision powers. Someone needs to explain what's going on!!!