World Surveillance Group Inc (fka WSGI)

[mr_schnizzle]

hope your right - but I think there is more to it...and it's to do with CONTROL of the company

IMO...

1. the street wants GTEM to come begging to do a financing deal
2. if GTEM is forced to do a debt financing deal with the Bondholders to survive, then the bondholders stand to gain greater control of the company thru issuance of preferance shares. Even better for them if Hotzone & Strat are commercially viable (I think they are/will be). Should the company be forced into Chapter 11, then it is usual for retail to get wiped out and the creditors get all the new stock

However, at the moment one hopes GTEM is holding it's head above water . Question is whether the No Mas Cable de Mexico rollout for 250000 subscribers is fully funded by Peralta and GTEM in order to establish sufficient revenue earning operations to become EBITDA positive

If GTEM can pull this off, then I think that would be a clear '1 finger salute' to the sharks on the street.

schnizzle