World Surveillance Group Inc (fka WSGI)

[flybyday]

Really such ridiculous posturing between the two of you. To say this was a realistic likelihood is simply inadequate yet to say it was a completely impossible remedy to their financial situation is just as inadequate.

The potential litigation going forward will likely be decide on what types of near term contracts evolve that were likely known to be happening. That part is quite simple. Likewise there will need be more understanding of what DAC represents and their plans going forward to know any value of the sale. Obviously GE has had those discussions and of course much would come out in depositions and interrogatories should this move to litigation. To me that is premature but I agree with Rattle there are fishy elements to the timing and motivations for this sale and lack of clarity is obvious as no one knows anything regarding the DAC concern. We simply don't have enough answers to decide that course of action but it is certainly a potential.