World Surveillance Group Inc (fka WSGI)

[db_ill_invest]

More than 30 cents! It would depend on what valuation is placed on the strat program and the intellectual property and any potential patents. Same with Hotzone. The Peraltas may have found it cheaper to pay 200 million for example to GTEM and keep the whole JV to themselves and buy tri-max or whoever makes the hotzone product. The trouble is that we don't know how many shares are outstanding so even if we knew the purchase price of assets we wouldn't be able to come up with a number for each shareholder. The Centerline division i would say is worth 100 million as it has revenue of nearly that each year and the profitability would be increased by an acquirer who already is expenses accounting, insurance, and management. A potential acquirer there might be Global crossing. We'll see, but even a Germany bancruptcy and lease expiring at palmdale (as the strat would move to the hangar of teh acquirer) would be explained by an asset sale. I agree in the next 3 weeks we will either explode or implode. as i see assets with value, i think we get an asset sale.

GLTA