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Re: None

Tuesday, 12/16/2014 7:18:31 PM

Tuesday, December 16, 2014 7:18:31 PM

Post# of 157299
Let's see if I summarized this correctly:

WSGI sold certain of its contracts with Globalstar, Inc. and Globalstar LLC and related customers for $250K

WSGI licensed appliqués from GTC for a ten year period for $2M or 2,222,222 shares

WSGI entered into a separation agreement with David Phipps for $25K

WSGI & GTC entered into a consulting agreement with Trident Aerial Recon LLC for $5K/mo to help run GTC

WSGI sells 7M shares of Drone for $475K

WSGI entered into a share cancellation and assignment agreement with Denville and Dover Fund LLC who returned 31,428,571 shares of WSGi in exchange for 3M shares of Drone.

Net:
WSGI out of Drone
WSGI takes in $600K
Not sure what the appliqués is all about

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