World Surveillance Group Inc (fka WSGI)

[coastiretired]

TAO's Backward Progress With The "NEW" Sanswire Management

1. They first tried to pass off surveillance footage as being from one of their developmental craft when it was proven it came from the roof of a building and was taken with a common digital camera.

2. They announced over a year ago that together they had "begun testing a lighter-than-air (LTA) platform capable of operating at altitudes of approximately 65,000 ft."
http://www.reuters.com/article/pressRelease/idUS210165+14-Feb-2008+PNW20080214

3. Six months later they reveal that the test flights were only in the planning stage with, "plans for specific test flight dates to be announced as air space and requisite permissions become available." http://finance.paidcontent.org/v?Page=MediaViewer&GUID=6210949&Ticker=GTEM

4. This past December, they conducted a short flight with a 23 meter prototype with plans for, "construction and un-tethered testing of scaled prototypes that study flight characteristics of the segmented airship design." http://finance.abc7chicago.com/abclocal?Account=wls&GUID=7383346&Page=MediaViewer&Ticker=SNSR (of note is that TAO had been conducting short flights with that 23 meter prototype since 2002. http://translate.google.com/translate?hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.uni-stuttgart.de%2Funi-kurier%2Fuk92%2Fforschung%2Ffw56.html&sl=de&tl=en&history_state0=&swap=1 )

5. This past March we learn that they were ready build a 34 meter "mid-altitude, medium endurance" model which will lead to bigger scale 70 meter model as part of a "spiral development" process.
http://finance.abc7chicago.com/abclocal?Account=wls&GUID=8256277&Page=MediaViewer&Ticker=SNSR

6. This month they announced that they had obtained an 800,000 euro line of credit from a company called "International Legal Consultants" through another company called Global Telesat Corp. Also revealed in those filings were the facts that Sanswire had defaulted on a previous $50K loan from Global Telesat Corp and that they were delinquent in their payments to TAO for their licensing fees of which they still owe around $2 million. I have posted previously about the con artists that run Global Telesat.

That's some progress they've made going from testing a strat capable platform, to planning to test a strat capable platform, to testing a 23 meter platform they had been testing since 2002, to planning to build their first medium altitude, medium endurance model.