World Surveillance Group Inc (fka WSGI)

[pokestake]

Yes at this stage the 8k is meaningless as a value added contract, as we know and as was confirmed by the market's absolute discounting of it's existence. It just has more detail than the typical LOI announcement.

The actual terms must be very tough. Clearly GTEM does not have the capital, so I am wondering if it may involve (and here is the blind speculation you refer to) financing of GTEM's share by VPN itself to be repayed from future revenues. This would be very risky to be sure, but at least GTEM would have a major installation under their belt and some credibility back. Maybe that's worth taking a few in the shorts.

I do not look for any price action until gold hits the till and if they are plunging into debt, that could be a while.