World Surveillance Group Inc (fka WSGI)

[ken w]

SAMdashada, thanks for info. I do recall something about the 10,000 perferred shares being a hedge against a takeover(poison pill issue)but not certain. I defer to your recollection about the financing deal giving the 50% plus 1 share (scary if true at the time). I just recollect that prior to the 8/11/2005 shareholder meeting, a great amount of discussion took place on this board and most concluded that GTE owned at least 51% of the outstanding shares at the time, thus making the 49% of shares left for investors and VC's the minority so that shareholders proxies voting to approve or disapprove the proposal for a share increase really made no difference. That's all I recall.