World Surveillance Group Inc (fka WSGI)

[Madmonks]

The absence of ANY PR isn't troubling IMO, but the absence of a PR about new, non-toxic funding is. (And I'm not talking about short-term bridge loans.) It's very worrisome to me that they can't secure this type of funding. Shareholders have been and will continue to be scr*wed by management if they don't solve this.

Otherwise, I wouldn't expect any news of significance until Sept/Oct. That's when Indy says the next BiB contract is most likely to be announced. As far as I'm concerned, the BiB is the only hope we have right now. I've written off Argus and GTC. They are dead in my mind. So unless they're miraculously raised from the dead, the BiB is it.

I would tell you that the stock price is headed for a penny if not for the fact that the shareholders meeting is coming up next month. If history repeats itself, we should see a slight bump up in the stock price around that time as shareholders once again eat up the hype spoon fed to them by management at the meeting. (How many leads do you think they'll have this year? Last year was 17, so I'm guessing at least 25.)

Unlike others on this board, hogman, I won't tell you to be patient. I'll tell you to be worried.