World Surveillance Group Inc (fka WSGI)

[vkoenig]

mad201: Why would I get a Well's Notice? I haven't broken any laws. You people conjure this stuff up in your own minds. When I say that a creditor class action suit is about to be filed against GTEM, that isn't "insider" information, it's a FACT. If I say that Khoury got the axe before GTEM made it public, 5 days after the FACT, that isn't "insider" information. That knowledge became 'known' and reported to me which I in turn reported to YOU. So, technically, if you are correct, you have shared in that so-called 'insider' information with me and should be expecting a Well's Notice too!

The definition of 'insider information' has its' roots in the definition of 'insider trading.' If I get specific information on an event about to happen with a company (+/-)and acted on it in the manner of buying or selling that company's stock, I am guilty of 'insider trading,' because I had knowledge not publicly known. By the same token, if I have no financial interest whatsoever in that company, what am I guilty of? We still have the 1st Amendment in this country. I didn't act on that information, I only made it public. No harm, no foul! GTEM might get miffed about it but there is nothing they can do. When I told about the JV cash call, it set off a firestorm at GTEM. If I were to get my information from sources south of the border, is the SEC going to send Well's Notices to everyone down there? They'd probably tear up the letter and say, "!Gringo idiotas."

Once Monterosso's website goes back on line, I think you had better pay more attention to what you glean from it.