World Surveillance Group Inc (fka WSGI)

[Esyn]

my read is that GTE is going debt financing (only 1.07 Mil though) rather than equity (IE issuing more shares) ATM. This is positive, the notes are due in August '08.

The investors must see some promise in GlobeTel (surviving atleast until then :P w/ the $$ avail to pay them back). Lets all just keep buying shares --- at this point... why not!?



People were wondering how operations would continue -- guess this is how for the time being.

1st we get financing, then we launch something ? /pray


we saw cash flow of... like <7 Mil> cash LY... I wonder if the 1.07 will make up the diff, if so - it appears GTE is close to profitibility -- if thats just all they could get... thats rough.

Good luck all ya'll!