World Surveillance Group Inc (fka WSGI)

[indyjonesohio]

MM, the great thing about satellite networks has been that they don't fall from the sky when the companies that launch them collapse. Someone picks up the pieces for a bargain. Any speculation whether GTC's agreements would endure past the demise of GlobalStar? Perhaps that is a question for Barb or Ren maybe.

As a clarification, I didn't single out just Mike but Glenn as well for Wall Street speak. And it wasn't technical aspects in the sense of technology. FedGov contracts are always hard and unpredictable IMO. But, these company builders, Wall street types like these guys, are true fireballs. I have read and re-read Mike's Clark's Colorado PowerPoint many times. It has all that visionary stuff that excites angel investors and VC folks. If Mike had WSGI on the first run instead of the crooks who did, I couldn't afford ten shares now IMO.

But this is real world DoD procurement. A thousand complications come up. All but the willfully antagonistic know BiB is a great concept at a great time. Great skill and lucky timing combined IMO. There was buzz about it in DC while I was there last week. A December 31 deadline was audacious and still possible IMO. But, to play it safe I would have used "before June 2013" in the 10-Q. That was the precise nature of my critique. I think they get the technology well enough. Thanks for letting me clarify. IndyJonesOhio.