World Surveillance Group Inc (fka WSGI)

[jpharrah]

This company has gone from one...

with five divisions and a world changing goal at $5 a share, to one with "maybe" one division and a 5 cent share price. Does anyone really think this failed company will ever get to 65,000 feet? There only hope of survival is a partnership with another company, TAO, which like Sanswire/GlobeTel has also never had a commercial success. So what's the point? Mere survival, to limp along and continue to drift lower, to prove they can, "survive".

This company has been under SEC investigation for well over a year. During that time they have continued to make announcements that never materialized and couldn't even get their own financials up to date. The SEC sees what's going on here and they will not let this continue indefinetly.

This company isn't dead, but it's comatose and on life support. But even if it pulls through, being only a shadow of it's former self, with no future I can see... it's overvalued at a nickel.