World Surveillance Group Inc (fka WSGI)

[indyjonesohio]

Three points--

1. Not all GTC minutes are free--only tracker minutes. Hardware and voice/data minutes are bought at wholesale and marked uP to GTC-UK.

2. A contract for five BiBs would likely not deliver until fall and be paid for before 2015 IMO. You could get purchase order financing, of course, but you are likely to pay 10%--it is a payday loan. Another cut to the profit margin and a long time for GTC to carry present overhead IMO.

3. JIEDDO does not buy WASPs. They only buy the ISR version and their funding is dropping. WASPs would sell to SMDC through US Technik (Rob King). Rob is flying in tonight to help us with the demo tomorrow.

JMO but your projections do not factor in government sales and payment cycles. As I said, IMO fast enough to build DAC (with a big infusion of cash) but not fast enough to save WSGI. JMO

Warm regards, IJO