World Surveillance Group Inc (fka WSGI)

[SEBASS]

Can you read ? I asked following !!

"Have you seen a penny in form of investments and/or revs from past announced press releases ? Answer this question truthfully without making excuses and run a rounds. Enough said !!!"

What about this: ?

GTEL Signs Stored Value Card Agreement With Leading Indian Company for $9 Billion Remittance Market
Business Wire, Sept 9, 2004

http://findarticles.com/p/articles/mi_m0EIN/is_2004_Sept_9/ai_n6187074

GTEL Targets $7.6 Billion Filipino Remittance Market; Bankard and GTEL Sign Agreement to Issue Stored Value Cards for Remittances in the Philippines
Business Wire, Sept 7, 2004
http://findarticles.com/p/articles/mi_m0EIN/is_2004_Sept_7/ai_n6183423


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.