World Surveillance Group Inc (fka WSGI)

[lowtrade]

As I said earlyer, I haven't been following Gtel much, the past 2 days and just read the late May 10 SEC filing PR and heard the webcast.

I like the figures, remember my post about UCAP trading for an investor who wanted $400k worth of GTEL low around 21 that day. Because they didn't want to get tied up with a tender offer? Could that be these guys, that didn't want to wait for Mr Huff to time the exchange move RS announcement before closing this funding deal after? Or lower the 5 day ave price for the deal?

Also like the warrant figures, shows expected close before the move at 34 cents, should be around my target of 36 with the discount added back on. Does some insiders & investors expect 36 cents May 18? Think the discount warrent will go thur for 8.5 million shares if it gets there?

May 10 PR late;
On May 9, 2005, the company entered into a private placement with a number of accredited investors whereby these investors have purchased $2,357,959.96 in Globetel's Common Shares at a price of $0.1924 per share, with Warrants to purchase up to an additional 8,578,856 shares of common stock of the Registrant at an exercise price of $.3395 per share.

MORE spectulation!!! Only speculation! I'm just reading between the lines, hoping, have no idea if my opinions are close or not.

Small things are starting to add together, liked Mr Huff's Wall St. interview. Would have liked to have heard, confirmation of money card transactions, instead of, business execution over the next 12 months. But I don't think Mr Huff went to India for nothing. Is hyping Mexico money card lately, after Centerline producing expected carrier traffic. What was that carrier traffic numbers combined, 40 mill a Q?. Plus the way he always mentions Hong Kong, trips to and carrier traffic hub. Like saying, don't forget what was so important in late 2003, early 2004. ASIA! I expect News to follow when, Gtel is GTE! I think it's a known already. Some info should show up in Q1, the rest that is happening now, will be used to drive GTE on the American.