World Surveillance Group Inc (fka WSGI)

[flybyday]

My guess is once they came aboard and dug into this mess assessing what they had in products (bag in the backroom) and potential they made a decision to start over vs folding the tent. They started over albeit with an already large outstanding share base, no money and massive debts with no plans in place for settlement or scheduled payments. Let us not forget the other simple little overhang which was the SEC wanting to shut down the company? No one is happy with a .02 stock and hopefully we are finally turning the corner with sales and contracts. Actually the BIB and GTC products and ground station potentials look promising which is something I could not say before these guys came aboard regardless of the share price at the time. At the moment I'm reserved about the Argus but that can change also once we have revenues from other sources and generate a research and development plan towards that end.