World Surveillance Group Inc (fka WSGI)

[good2be]

siriuslyricher re: "Why are you telling us about these projects if you don't have a contract yet"?

Well, here is (just) one place we could use a progress report from Co.

Almost 9 mos ago, 8/1/05 we had this PR: "GlobeTel Wireless Announces New Contract to Provide Wireless Networks for Three German Cities"..... which DID incl a contract (??) and the statement "Construction of the project is to begin in August 2005."
http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=737840&highligh...

If we're now contracting to do 30 cities in Russia, where exactly are we on the 3 in Germany from 8/1/05?

Anyway, I'm just demanding transparency--each must decide on their own evaluation and risk tolerance whether it's "beef." I can accept failures, IF I know what created them and how it affects the future. I can accept delays, IF I'm told the reason and the remedy. What I can't accept is the present info vacuum leading to wild conjectures--both good and bad---and the constant state of uncertainty that the lack of info creates.

If Huff is certain enough to state to DJ the following on 2/9/06, then just give us the facts which support this enthusiasm so we can be there too: "Major progress toward a bright and profitable future will be clear this quarter, he says, with "substantial gains" in all the company's businesses." Note that "this quarter" ends 3/31/06--with a report deadline which extends to 5/15/06....that's a long time to wait for details on what was already purported to be just a "break even quarter" per Huff to DJ on 1/26
http://webreprints.djreprints.com/1397170348173.html