World Surveillance Group Inc (fka WSGI)

[good2be]

“Hotzone has run successful pilots in Mexico, China, Europe, etc...”

Ques: how do YOU measure success? If these have been so successful, why no resultant contracts? Russia was only one example.

From 6/16 PR (note to Rob: GTE website states “Press Releases” so I’m going with “PR”): “GlobeTel Wireless's first pilot in Mexico, for Marcatel S.A. de C.V., yielded the desired result of one half-mile (800 meter) signal clarity using an ordinary household cordless telephone.” Funny, I thought the “desired result” would be a contract. What did we get out of our “success?” Yet another pilot: “a second pilot in Mexico for Grupo IUSA.” Further in the PR, there’s THIS tantalizing claim: “In China, GlobeTel Wireless concluded its 90-day pilot in conjunction with the Shenzhen Railway Company, one of the units of Guangdong Tietong South Communication Co. Ltd. The testing route follows an existing railway line that traverses the bustling Guangdong Province. The half-mile clarity achieved during our Mexico City pilot was perfectly replicated in China. As a result of the successful outcome of these tests, we are currently discussing a joint venture for the construction and operation of a wireless network which will operate in the Guangdong Province, home to more than 80,000,000 people.” Hmmmm. And we don’t even have HotZone up and running yet in Uli’s own backyard.
This all seems to fit pretty convincingly under (e) (see post #34209): “public announcements not justified by actual developments in a company's affairs.”
http://tinyurl.com/hhls2

Magic Money—we don’t know where we are.

VozBrasil—what info do YOU have that enables you to state “Vozbrazil is cashflow positive?”

So far, all I know is what this Co has been telling me----and those words, thus far,have not been reaffirmed by ANY outside party with $$$$ in hand.