World Surveillance Group Inc (fka WSGI)

[rocky301]

CGI,

(2)Standard filings for April 6th. Nothing new except what I posted a few weeks back. 5MM of the 16.5 shares were sold for proceeds of about $1,060,000. Gtel wired approx. $59k to CGI and GTEL still retains approx $1MM here in the STATES...

http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=&as...

From recent 10KSB...

"In 2004, we acquired a 73.15% interest in Consolidated Global Investments, Ltd. (CGI), formerly known as Advantage Telecommunications, Ltd. (ATC), an Australian company. CGI will be utilized in the carrier sales sector of our business and will also function as a licensee of the Sanswire Networks, LLC in Australia.

From info header..

Current situation with CGI
As a result of the conversions, the Company held a total of 615,296,380 shares representing an ownership interest in ATC of 73.15%. In addition, as a result of and pursuant to the terms of conversion, the Company received options to acquire an additional 467,327,809 shares by June 30, 2007 at AUD$ 0.005 per share.