World Surveillance Group Inc (fka WSGI)

[flybyday]

Yes BIB's and Argus contracts, however base stations and GTC revenues can pay off the debts as well. The company has had high level sponsored testing, this management is not going to discuss their meetings with DOD as well they shouldn't. Even the BIB was specifically designed for their clients interest. Lets see how it plays out. We are all frustrated because in essence with WSGI and the purchase of GTC the company became a new one albeit with a large outstanding share base and accumulated debt. The loss carry over can be valuable however if we are producing revenues and a decent net. Also in the case of a possible takeover that can be a selling point. They have started to accelerate revenues and I have become more optimistic that a larger home run contract can emanate. We have no idea also how much more debt can be settled or written off and that would be another feather here.