World Surveillance Group Inc (fka WSGI)

[rwehapi2003]

We gave LTAS 250K plus 25M in WSGI shares for merging in 2012. So we got some cash back plus the 10M shares ties us to the success of DAC.

The big IF is whether the NIE 14.2 results in a long term contract. Timing is interesting since the 14.2 is done in a few weeks. IF that happens, we will have to see how DAC handles the news and if they can get some traction on registering and promoting their stock price. What if they can capitalize on it and pump or whatever the share price to .50 - 1.00 or some substantial price? Let's say it is 1.00, that would be a 10M asset, potentially translated to cash after the lockup period without the overhead or responsibility for producing the product. Could we realize 10M in cash in such a short period of time if we owned LTAS?

Just trying to brainstorm any positive aspect to this after feeling like getting sucker punched yesterday.