World Surveillance Group Inc (fka WSGI)

[JackedOnCaffeine]

So there it is... acceptance that a reverse split will be okay once we reach a certain revenue. I knew I'd see it sooner or later.

Last year Clark and Estrella stated no reverse split, and those who had suggested otherwise were ridiculed as being angry and not being realistic. Now it appears that option will be back on the table at some point. I expect I'll now begin to see other shareholders suggesting it can be a good thing. The Force Protection RS didn't end well for many shareholders in the end. The company was acquired at a price well below where many had purchased. Calling Force Protection a successful RS is a joke, IMO.

If they get revenues to a point to even consider a reverse split, I'm out, whatever the share price may be at that time. Yes, NASDAQ brings attention and price stability in theory... until the delisting comes and then we're no better off than before the RS. Lots of companies RS to get on NASDAQ, and lots of companies get delisted from NASDAQ.