World Surveillance Group Inc (fka WSGI)

[ColeThornton]

This is fascinating...

"GTC doesn't even provide any funds in the agreement. That commitment was reassigned to "International Legal Consultants." (a company that had already been providing funding to Sanswire.)"

So they actually managed to put out another overly promotional press release by trying to make people believe they had a new source of funding when they actually didn't!

Thank you coastiretired for pointing out the truth!

Amazing how they keep pumping out these misleading press releases. Fortunately for the investing public they aren't fooling anyone at this point...

Dec. 11 They hyped another company involved in penny stock pumps, Global Telesat.

Dec. 18 They hyped the assignment of patents which have been completely worthless.

Feb. 18 They hyped the "Florida Near Space Coast Initiative". Of course as usual they only said they "intended" to do something... LOL

Mar. 13 They hyped what they called their "spiral development"... LOL, actually making up new terms to add to the "hype" of doing nothing of importance.

April 21 They hyped Global Telesat again, see penny stock pump and dump schemes.

April 23 They "use" an old retired American hero for the purposes of their hype... "shameful"!

But the good news...

It isn't working anymore. The stock is still within pennies of all time lows. The truth is out their now. It will be very difficult to run the same scam on investors the second time around. Fortunately we have the internet and guys like coastie to tell the truth and give the facts.