World Surveillance Group Inc (fka WSGI)

[Q-reus]

dinotori: eqmx's post #19086 probably addreses your query. the russian agreement proved to be a very pleasant surprise, to me anyway, since i found there to be no real emphasis on that contract. i suspect that the other completed contract announcements with financial agreements are forthcoming. i did review the 10Q that was released in November, which had no mention of working with the russian principals, and reached the opinion that the german and other contract announcements will probably be coming up. it is ironic that the russian development was not included. this is all imho. here is a portion of that 10Q:

GlobeTel Wireless, Germany Contract

The Company, through GlobeTel Wireless, is utilizing the HotZone assets and technology in developing WIMAX wireless systems for deployment in areas the Company identifies and markets to. Future considerations include the use of the Company's Stratellites(TM), which will provide radio technology for the wireless communications that will cover significant geographic areas up to 120,000 square miles, and, in addition, provide advanced wireless products and services for terrestrial wide area networks covering rural and city areas. Upon deployment of the Stratellite(TM), on a region-by-region and country-by-country basis the communications technology will deliver high speed voice, data and rich streaming content, as well as other communications possibilities.

On August 1, 2005, we announced that our new division (a subsidiary), GlobeTel Wireless, had been awarded a contract to install wireless networks in three German cities. The contract will provide high-speed wireless networks for internet connectivity starting with the town of Kaiserslautern, and continuing with nearby communities. Kaiserslautern is a city of 100,000 people, located 100 miles South West of Frankfurt. Construction of the project is to begin in December 2005. GlobeTel Wireless will install these first Wireless Networks in Germany as part of the roll out plan to deploy wireless communication networks to non-DSL communities, in identified geographic markets.

GlobeTel Wireless Network, Pilot Program

On August 7, 2005, we announced an agreement to provide a GlobeTel Wireless communication network for a pilot program in Shenzhen, China with Guangdong Tietong South Communication Co. Ltd, a group company of China Tietong Telecom Corporation, one of only 6 licensed telecom operators in China. Upon successful completion of the pilot program, GlobeTel Wireless and its local Chinese partners will commence a roll out of wireless communication networks throughout China to deliver voice, data and video applications. The agreement was reached with Nessociet Inc., an organization working towards the development of next generation wireless telephony services and NGN Telecom Corporation, the partner to Guangdong Tietong South Communication Co. Ltd., in marketing VoIP services in China. We also announced that Nessociet Inc. has become a reseller of GlobeTel Wireless networks and equipment in Asia.

Cooperative Research and Development Agreement - Center for Solar Energy and Hydrogen Research Baden-Wuerttemberg

On September 6, 2005, we announced that our subsidiary, Sanswire Networks LLC (Sanswire), had signed a Letter of Intent (LOI) with the Center for Solar Energy and Hydrogen Research Baden-Wuerttemberg (ZSW). The LOI states that ZSW will provide research and development engineering support under a Cooperative Research and Development Agreement for the development of a state-of-the-art solar-electric propulsion system for our Stratellite airship.

Joint Venture Agreement - Kashiwabara Token Corporation

On September 8, 2005, we announced that our subsidiary, Sanswire Networks LLC, has signed a Letter of Intent (LOI) with Kashiwabara Token Corporation of Iwakuni City, Japan, to enter a joint venture in the establishment of a terrestrial ground-based wireless broadband and communications system, a prelude to the deployment of the Sanswire Stratellite Airship broadband network in Japan. Kashiwabara Token Corporation holds a controlling interest of a major cell phone system in the Hiroshima and Yamaguchi prefectures as well as the ICAN Cable television system in Japan.

Services Agreement - Global Crossing Ltd. (NASDAQ: GLBC)

On October 6, 2005, Global Crossing announced that we selected its integrated, global IP-based network to offer international cable companies and Internet Service Providers (ISPs) a completely customizable Voice over IP (VoIP) solution for clients located in Latin America and the Caribbean. Starting in October 2005, we will use Global Crossing IP Transit(TM), Global Crossing VoIP Local Service(TM) and Global Crossing VoIP Outbound(TM) to provide international service providers with end-to-end VoIP from anywhere in the United States to Argentina, Brazil, Bolivia, Colombia, Mexico, Peru and the entire Caribbean. We selected Global Crossing to launch our turnkey VoIP solution for international service providers because of its network's extensive reach, as well as its reputation for industry-leading technology, reliability and security. Global Crossing VoIP Local Service will provide GlobeTel's customers local numbers in the United States that end-users can dial at no charge. With Global Crossing IP Transit, calls to these numbers will be routed to Global Crossing's VoIP network through an IP-based connection. Global Crossing VoIP Outbound will then transport the packet-based voice traffic to Latin America and the Caribbean and complete the call. Global Crossing has built one of the world's most extensive integrated voice networks. By providing a dedicated connection and transporting calls across a secure, private backbone, the company ensures its voice traffic receives maximum protection. VoIP packets are given highest priority in Global Crossing's IP backbone, which translates into reliable, carrier-quality service with minimized latency, packet loss and jitter, as well as call quality that is even and predictable.
http://biz.yahoo.com/e/051114/gte10-q.html
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