World Surveillance Group Inc (fka WSGI)

[kevinaok]

I wonder if item 6 is coming into play within 15 days?

6. Effect of Sale. In the event that GlobeTel, its subsidiary, Sanswire Networks LLC, or any material proprietary technology of GlobeTel or its subsidiaries is sold or otherwise transferred or disposed of (each a "Sale Event"), GlobeTel shall take all actions necessary to:

(i) immediately issue all outstanding installments of Settlement Shares;

(ii) cause any Shares that (x) have not previously been
registered under the Securities Act and (y) may not be transferred without registration under the Securities Act, including, without limitation, by filing a registration statement under the Securities Act registering such Shares to
become freely tradable by Kimble within fifteen (15) days of the Sales Event; and

(iii) in the case of a merger or other sale of GlobeTel,
ensure that Kimble receives consideration for Shares held by him that is equal or greater in value to the consideration payable to any other holders of shares of common stock

http://www.sec.gov/Archives/edgar/data/919742/000114420405027723/v025045_ex99-1.txt

Kevin