World Surveillance Group Inc (fka WSGI)

[rocky301]

Kevin and all,

The CGI filing had some monetary adjustments which brought the value of foreign investment up about 500K..

I should note the 16.5MM restricted shares GTEL paid to CGI, comes off restriction this month. These shares converted to dollars and the 100MM shares approved at last meeting for sale will be the "seed" money to get this company operating and to become listed on the ASX....

If GTEL can hold steady with all the 144's being filed, the class A preferred being converted to common and the normal selling pressure, we will have done well. To chew up these shares and put them in new hands from 8-10cents would be great....rock