World Surveillance Group Inc (fka WSGI)

[insighter]

The directors of a public company must convene an EGM if the net assets fall to half or less of the amount of its called-up share capital (s142 CA 1985)

I feel like bib/wasp within ltas was at the heart of wsgi operation/investment/ focus for the last few years. Can we sue the company for not following procedure and being above board? Further we don't know if we sold our maturing magic golden egg- laying goose for a couple of "magic" beans?

335k and shares in DAC still seems very dubious to me since there is no way for us of knowing the value of DAC shares. Now, and especially going forward.