World Surveillance Group Inc (fka WSGI)

[muskyhunter11]

Rocky-
I need some help in responding to a friend who raised some concerns about GTEL. I am long and strong and have been to the shareholders meeting and a true believer,but I wasn't sure how to respond to him. Here is what he said:

"The Globetel model has been tried before. Globestar failed miserably."

"GTEL has come upu with $29 million and they don't have anything to show for it."

"They have no real assets and have little cash in hand. How are they going to afford to put a blimp in orbit and pay for future development?"

"In 2003 The execs gave themselves 50-60 thousand shares at .015/share- that souns fishy to me."

"If this were a legit company, they would have major investors and
venture capitalists all over them and you and I wouldn't be able to invest until way down the road."


I really appreciate any thoughts you have. I posted this on
RB and all I got was bashed.

Thanks....Phil