World Surveillance Group Inc (fka WSGI)

[mide]

Quite honestly I have been trying to determine for quite some time now (since acquisition.) exactly what those GTC applique "assets" are doing to generate revenue and have come to the conclusion as you have..nothing.

Additionally another unanswered question is what is the catalyst necessary to initiate revenues and what are the expectations in time to catalyst event and revenue expectations and margins.

Zip ...nada answers.

I don't buy that it has to be the last launch of GSAT's constellation for them to kick in. Makes absolutely no sense as a significant number of them are already on line and furthermore they just announced a "fix" for the old sats.

I am in Run's camp on this until someone provides some answers that will help me feel these are valuable assets.

I have a hunch that MC had in mind a direct tie-in to Argus sales for the catalyst and it hasn't panned out as quickly as suspected. But just a stab in the dark.

m