World Surveillance Group Inc (fka WSGI)

[mike306oh]

Below 0.15 is a good entry point, IMO. And it will be reach in less than 2 weeks, IMO.

Once the Company stops dumping their shares, small volume will take the PPS down. Plus, with over 1B OS, a capitallization value of over 300M is not justifiable, or sustainable. Just look at the balance sheet: the company was surviving by selling shares for quite sometimes now.

The rule of tumb for growth companies is a capitalization of up to 2 x the revenue. Since the company is still in the red ink, and assuming a capitalization factor of 1.5 x gross reveue, this gives you a PPS of 0.15.

This is of course, AJIMHO. Do your DD:

http://www.ddmachine.com/default.asp?s=gtel.ob

or for a more complete DD one can use:

http://www.finitesite.com/irishbull/

Mike