World Surveillance Group Inc (fka WSGI)

[WarpCore61]

Madmonks,that's exactly why I decided to move out of Globalstar. It had nothing to do with their survivability. I believe they will succeed at with their plans. I'm just not willing to wait 7 or 8 years to enjoy the results, as I have done with WSGI. I'll continue to follow their story with interest as they are tied to GTC's success.

Since moving out of GSAT at break-even and investing that money elsewhere, the value of that money has grown 30.7% over the last week. I see far more potential with the new investment than I do with GSAT.

If WSGI gets contracts and we see a substantial increase in share price, I might slowly reduce my position here as well. "Might" being the key word, reducing holdings 20 or 30% and keeping the rest for the reaching the stratosphere (my original goal), or the buyout, whichever comes first. Break-even price here is 3.5 cents over the entire investment, so it might be smart to take the initial amount off the table at some point after contracts, and move it elsewhere. Hopefully contracts will get this share price moving and allow all of us to achieve some of our goals from our investment here.