World Surveillance Group Inc (fka WSGI)

[Gotcha Sucka]

You bring up an interesting point about the number of spotlights on this company right now.

Knowing all this scrutiny is focused upon the company, how do new directors come into this company, knowing its history, knowing who's watching it, and knowing that the company has NO directors & officers insurance? No D&O. Having a D&O policy in place is always a condition for any director candidate worth his/her salt to accept a director's position within a public company.

How does a new WSGI director come into this environment? What kind of intelligence or savvy must this person have to knowingly enter a high-liability position? In turn, how can a shareholder trust a director to set policy that influences their investment when there's not even a concern on the director's part about covering the basics?