World Surveillance Group Inc (fka WSGI)

[Acumen]

"From what I thought was a solid attempt to be the world leaders in this technology"

2010 total R&D expenditures: $250,000
2011 (first 6 months) : $268,246

Not to worry though..since the beginning of the year they've only kicked on another 76,000,000 shares.

That's right 76,000,000 but R&D takes a back seat to "Professional Fees" - over a million in 2010 and $627K for the first six months of 2011 and don't get me started about executive compensation.

You're justified in your anger. Use it to your advantage before it's to late.

BOL