World Surveillance Group Inc (fka WSGI)

[lowtrade]

mide

You may be correct and if that news was a update PR on news wire all the STRAT heads would have dumped. But sooner or later the launch delay will reach the retail trading public. What to watch for is trade sizes and EOD volumes to see if fund guys / brokers (NITE) will continue to buy up the jumpers.

The last SEC filing named NITE as the largest investor in the last funding deal. I found it very unusual for a broker/dealer to invest in a companies stock that way. Because of this, I felt somehow, someway GTE is positioning itself with one broker/dealer. I have not come to a conclusion as to how that will benifit the share price except NITE would not become a advisary. And would support the stock.

Once again I have to stress, I am invested long with my lump, which is way down now !!! , on the core business and the rev and profit targets. AUG 15th will be a BIG day for me. NEVER EXPECTED ONE PENNY OF REV"S OR PROFITS FROM THE STRAT UNTIL LATE 2006, anyway.

My lump is sitting way in the back of my closet, where every long investor should have their investment shares. Don't worry about all the Strat hype, because that's all it's been since day one!

What we should want is to see continued business plan execution and released goals being reached. So IMO this latest Strat hype delay may become a good opp to load up some long shares and average down, for long investors! Plus a great swing buying opp also.

TA has not been positive for trading GTE since before going to the American and the only saving grace to following GTE has been a swing play. I have not entered at $2.80 because I was not sure it bottomed yet and now don't expect to enter until I see what happens with this latest developement. And Q1 SEC report.

Very sneekly delay release, IMO the last time a Strat engineer (Vern), let news out, he was replaced, with the guys that are letting things slip, in this little local news paper, now. I have read other small news stories saying test in fall also. Sanswire one not being use for test was released also. All showing summer timing goals for the Start were unreachable, and known by management and myself for some time. The main board has all this info also but seem to be completely un willing to except the Strat has a LONG way to go.

So IMO invest in the core business and swing the trade plays. We could see lower buying opps, as more Stratheads become aware of delays.