World Surveillance Group Inc (fka WSGI)

[ColeThornton]

So just like that indy...

"Our CEO thinks the market for stratospheric operations is turning"

So he jettisons the bib with its "pending" contracts and is headed back to the stratosphere with an old product that has proven it can operate at what sustained altitude?

This just gets funnier and funnier.

Jetmek nailed it...

1. The BiB just didn't stand up to its promise. I'll bet the military tried it and didn't want it, which is why you haven't heard of any bang up sales.

2. They couldn't admit this to the shareholders, so Glen and friends decided to form this little "Drone" company and "sell" LTAS and the BiB off to it. At the same time, they talk up some exciting new "Consultants" and a new "invester" and side track the shareholders even more. Of course, this "Drone" company (newly formed of course) is private, so almost NOTHING can be found out about it.

3. And oh yeah! They still have the Argus sitting there. So they start to talk THAT up and get the shareholders interested in THAT again. I'm sure that they think this will keep shareholder interest up for a few more quarters...until they can come up with a new "carrot" for them to chew on!

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