World Surveillance Group Inc (fka WSGI)

[cygnus_1]

had to re-post this,thanks U.S.

Reading between the lines of this new PR: "The design of the hangar enables it to be dismantled, transported, and re-assembled when we get evicted like we always do."

So much verbiage over NOTHING. That's the way these scams work. Claim you're going to do all these wonderful things, that the company's technology will be "The Next Big Thing", but never actually carry them out because they are either incapable and/or it's just not in the game plan of running the scam. It's all about fooling naive investors and nothing else.

It's pretty easy to gain access to a hanger to make a scam company that "specializes" in airships look legitimate. Releasing "forward-looking" PRs is similarly easy; even assembling a bunch of airships isn't that difficult, even if they have no track record of performing impressive technological feats or if none have been sold before.

The difficult part is convincing people to buy shares in your scam. Sure, there are always a few dupes out there, but more ambitious scammers want more than just a few dupes. That's when the scammers do all they can to recruit people with impressive resumes to serve on their Board of Directors or in management positions. This window-dressing often does a lot to increase a scam company's credibility, potentially expanding the pool of dupes the company wants to rip off.

Since this scam claims they are seeking military contracts, they especially love people with military experience. With scams like these however, they rarely stick around for more than a year or 2.

This is the more difficult part of running/promoting the scam, but it becomes so much more difficult to promote it after the scam company has been exposed. Especially if the SEC has announced it is investigating it and eventually charges the company with fraud and several former executives have been charged with fraud as well, and one of them is currently incarcerated(http://www.justice.gov/usao/fls/PressReleases/090508-01.html). A common tactic after exposure is for a scam company to change its name: http://www.istockanalyst.com/article/viewiStockNews/articleid/2650529

After getting exposed, almost no one will invest in a scam company, except for a few dupes or cult-members(people who invested in the company when they believed it was legit, but held on as it got exposed). In my opinion.

Here are some important FACTS about Sanswire: http://ragingbull.quote.com/mboard/boards.cgi?board=SNSR&read=9639

Sanswire used to be called "GlobeTel".