World Surveillance Group Inc (fka WSGI)

[coastiretired]

The warning about selling off assets if adequate funding was not achieved has appeared in their financials for quite some time. I'm not sure what you mean by, "was there a similar access to information that was granted."

"However, if our plans are not achieved, if significant unanticipated damaging events occur, or if we are unable to obtain the necessary additional funding on favorable terms or at all, we will likely have to modify our business plan and reduce, delay or discontinue some or all of our operations to continue as a going concern or seek a buyer for all or a portion of our assets."