World Surveillance Group Inc (fka WSGI)

[ColeThornton]

mide, your admission is significant...

"I asked who they were.
As soon as I heard Joe M was one of them...an ex-employee...
The leap to MESS was very easy for me."

If Bleckman had merely told you, sign-ups were a little off, or they had some snags with installations, it would have been one thing.

But to tell you who the actual board members were, when no one else knew is "significant".

It was obvious you were able to draw conclusions from this information and the rest of us were "not" given the opportunity.

Did you know "An omitted fact is material if there is a substantial likelihood that a reasonable shareholder would consider it important in deciding how to vote"(or buy or sell shares)!
http://www.sec.gov/news/speech/spch497.htm

That's right from the SEC website!

I can understand why this is a sensitive subject with you now that GlobeTel has received their Wells Notice.

I am not an attorney and this is only my opinion...
but I don't think "you" have anything to worry about. As long as you are just a shareholder and are not "working with the company" I think it's the company's problem not yours.

Besides, like I keep saying, it's up the the SEC anyway, and they are all over it!

This may be small potatoes compared to other things they have uncovered, remember they have been digging for a year and even the company admitted...

"possible violations of the securities laws including violations of Sections 5 and 17(a) of the Securities Act of 1933; Sections 10(b), 13(a), and 13(b)(2)(A) & (B) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 10b-5, 12b-20, 13a-1, 13a-11, and 13a-13"

That's quite a list!