World Surveillance Group Inc (fka WSGI)

[SAMdashada]

Should this be called progress or success???

GTEM(Wells Notice)/Sanswire has, over the years spent tens of millions of OUR dollars and, other than a 100 foot "FLOAT TEST" (as per Col. Murch, Project Director), has been nothing other than an open pit for dumping shareholder money.

GTEM(Wells Notice)/Sanswire has never "EARNED A SINGLE PENNY".

GTEM(Wells Notice) went from having millions of dollars to spend to having so little money that they could not pay their office rent. Their landlord achieved a judgment against GTEM(Wells Notice).

GTEM(Wells Notice) went from having millions of dollars to spend to having so little money that they could not pay their rent on space to house their "failed high altitude vehicle". -- Their landlord achieved a judgment against GTEM(Wells Notice).

GTEM(Wells Notice) forced their D & O insurance carrier to settle a class action suit against them for, as one poster put it, a "PALTRY" 2.3 MILLION DOLLARS.

GTEM(Wells Notice) CEO Jonathan Lienwand has been accused of making false statements/lies in an insurance application.

GTEM(Wells Notice) has gone from 65 employees to today's wonderful number of 7 employees. I guess to GTEM(Wells Notice) CEO Lienwand that is considered progress and success.

more to follow . . .