World Surveillance Group Inc (fka WSGI)

[rattlewatch]

Madmonks,had hoped early on that Easctcor would be part of the package when the aquisition took place.Manta back then had the same numbers as you just posted with close to 10M yearly revenue.
There were a few things that has me still guessing this was/is part of his company.

1)GTC was owned by Mr Phipps
2)The original GTC website stated they owned an engineering firm in Maryland.
(I read this on the website back then and may have posted this info here also.)
3)HQ was in NY,but the test ground station is in Easton MD.(what is the exact address of the ground station?)
4)Eastcor is also in Easton

So this leads me to one of two things,maybe GTC had an engineering firm in easton Maryland near the ground station and it went out of business,which is a possibility, or Eastcor is that engineering firm.

Guessing again about the revenue question. Thinking Mr Phipps GTC generated all his revenue thru gov contracts,and eventually lost them.Perhaps to a new technology,or maybe because of GSAT problems?

Thanks very much for the mention Madmonks,i'm in a very similar situation to you and a few others from reading earlier posts, and can relate to and appreciate the concern shown in your posts also.So for now we try to learn as much as possible and hope things change quickly.

===================================
GTC is a privately owned company headquartered in New York with an engineering facility in Maryland and sales offices in the US, Europe and Asia.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61969419&txt2find=gtc
===================================
(edit)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62863041