World Surveillance Group Inc (fka WSGI)

[followinsnsr]

Cole this could answer your question.
It appears to me that Huff & company are going back to the roots when Globetel was originally formed where they had an office in St Louis. Somewhere in the future "the good ole boys will reunite again", and start all over. I would like to know who were the three terminated employees were, are they back together with Network 1 again. Interesting and gets more interesting. A better question would be, could another scam be in the making?
NOTE 9 - GAIN ON DISPOSITION OF ASSETS

In June 2003, the Company ceased operations at its St. Louis, Missouri office.
As part of the termination agreement with the employees of the St. Louis office,
the employees were authorized to maintain and service the existing clients and
keep the property and equipment of that office, and the Company agreed to return
the customer deposits made by the St. Louis clients. The Company recorded a gain
of $34,365 in connection with these transactions.

Three terminated employee were issued a total of 1.2 million free-trading shares
of the Company's stock as severance pay. The Company charged $36,000 to expense
during the three months ended June 30, 2003, based on an amount equal to the
average bid and asked price of the Company's shares on the date of issuance.

http://www.secinfo.com/d11Cub.21.htm