World Surveillance Group Inc (fka WSGI)

[SEBASS]

What's misleading about quotes from CEO or Globetel website ?
YOU ANSWER ME ! gatherinfo request to be banned.

TO ALL: CEO ANNOUCED TIMELINES IN B&W + DD.

CEO 4 times publicaly annouced not realized time lines of 2005.
Stratellite which is high-altitute airship stationed in stratoshpere has not been build, tested or deployed yet.
Military low altitude drogon is not stratellite people. After reading this please tell me if this company has ANY INTEGRITY and why should any investor trust them after so many failure and broken business time lines.

BROKEN CEO DEADLINE #1

1. "We have scheduled the launch date for the Stratellite prototype for March 25, 2005" http://www.globetel.net/about/letter011005.html

BROKEN CEO DEADLINE #2

2. "Finally, the article concluded by reporting that GlobeTel Communications Corp., through its wholly-owned subsidiary Sanswire Networks LLC, stated it is on target for a first quarter 2005 launch of its Stratellite" http://www.globetel.net/about/letter011105.html

BROKEN CEO DEADLINE #3

3. "Once at Edwards, we would then work with the Air Force to determine a window for launch that would most likely be in the last two weeks of April." (2005)http://www.globetel.net/about/letter.html

13 MORE DAYS TIL BREAKING DEADLINE #4

4. "Thus, as currently planned, we expect to put our new high-tech Sanswire Two vehicle through its most demanding operational paces, at altitude, before the end of this year."
http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=738514&highligh....

Former President of Globetel. Leigh Colman.

1. "A new and improved Sanswire One will make its first high altitude flight in August or September, 2005. A full commercial airship deployment is planned for 2006. http://www.wirelessiq.info/content/qa/20.html

2. "According to GlobeTel president Leigh Coleman, the governments of Peru and Colombia have already placed orders, along with unnamed US companies. The US Army and Air Force are interested. The production goal is some 300 airships a year by 2007." http://www.telecomasia.net/telecomasia/article/articleDetail.jsp?id=165793

WHOW REALLY 300 STRATS BY 2007. BUILD FREAKING ONE THEN 300.

Has any of this been acomplished:

Milestone 1: The Expansion of our Stored-Value Program; and

Milestone 2: Sanswire's Launch of the Stratellite.

Expansion of our Stored-Value Program:
We have invested heavily in developing the infrastructure, business and partnering agreements, products, services and support over this past year to effectuate these initiatives. We have described these products and services and their progress in various press releases.

We will expand our Stored Value programs in Mexico, the Philippines and India, the three largest money remittance markets in the world.

We will begin expansion by adding calling card functionality to millions of debit cards in Mexico in the first half of 2005 and will repeat the process in India and the Philippines.
We will also expand our prepaid calling services into new markets in the second half of 2005.
A full telephony product line will be introduced in the first quarter of 2005 and launched in key markets by June 2005.
Our goal is to have 6 million Stored-Value cards and over 1 million MasterCard money remittance customers worldwide by 2006.
We project that these products and services will provide such revenues and margins that the Company will show profitability by the end of the second quarter of 2005.

http://www.globetel.net/about/letter011005.html

High Altitude Airships competition
http://www.defenseindustrydaily.com/blimps_lta_craft/

New York Post article on Globetel everyone wish they would have never read it. http://pqasb.pqarchiver.com/nypost/875974001.html?did=875974001&FMT=ABS&FMTS=FT&date=Aug....