World Surveillance Group Inc (fka WSGI)

[Steady_T]

-Nobody seems to consider that these were seperate divisions, companies that had been acquired as I understand it. As such I'd expect them to have their own accounting systems, bank accounts etc.

The numbers were for revenues, there should have been expenses to go along with them. We don't know if the revenues were expected to be enought to offset the expected expenses.

We also don't know what, if any, net profit was expected to show up at the home office. For all we know, the plan was to operate at breakeven to acquire market sahre. If so the home office would expect no monies to be sent up to it, but they would expect to see the billing numbers going up and expenses to go up with them.

The above is just a guess as a possible reason for how things went for 8 qrts. In a way that would make sense.

This might have no relationship to what really went down. But, since we are operating without hard information, you can make up all sort of scenarios to fit the limited info alvailable.

S