World Surveillance Group Inc (fka WSGI)

[coastiretired]

I don't see your point Egbeck. Globetel stated that the "operation of both programs" (both old and new) "had to run concurrently" during the 60 day period "to identify any possible defects and corrections needed in the new system." That's pretty common for beta testing any new software and working out the bugs.

At the same time (May) that Globetel knew the 60 day testing would cause them to be unable to increase revenues and profits, they were announcing that Centerline would not only meet a performance goal but exceed "$350,000 per month net profit by the end of June."

That's not "my assumptions," but straight from the mouth of Globetel. All Globetel has to say on the matter now is that they have "realized gains in billed minutes since the changeover to the new system."

As for my assumptions on the matter. That was a few days short of three quarters ago. Having the software capability to meet the goal is only a small step in actually meeting the goal. I'm sure they would have been broadcasting it from the mountain tops if they had achieved their projections by now. There's an old adage that "no news is good news." Globetel defies this adage in that no news is usually bad. I assume that they have yet to meet the goal. I'd gladly retract my assumption if anyone can show me where they have.

As for excerpting "only those pieces that fit" my "agenda," in an effort to be brief, I try to excerpt only the pieces that help make my point. I would hope that others do the same. If you would like me to post the PRs and financials in their entirety. . .I can.