World Surveillance Group Inc (fka WSGI)

[flybyday]

We really don't know what would have stabilized the company. I do agree that even a 2-4 unit sale that was in the pipeline and likely to find procurement could be potential basis for a lawsuit. However we really don't know how in arrears LTA was in its payroll and other obligations. These are all good questions we just have a difficult time evaluating them. Until we see contracts it is hard to speculate.

On the surface from what I believe likely revenues will be this deal seems inadequate. Yet I know that my assumptions can be wrong so I think we have to wait and see. I think if contracts were likely and in solid amounts this deal stinks. I like Rattle's spin off much better. Again we just don't know yet.