World Surveillance Group Inc (fka WSGI)

[insighter]

This company just needs real orders in. Everyone knows that is the bottom line. Terminology is terminology. Record sales or no, all of us would like for more sales to happen. The problem is that the sales process for the army is so tedious and long and secretive. Totally not great for a small company and it's share price.

While I suspect the worst of the wait and dilution is over, I do agree with Indy that it would be wise to spread the eggs around a little rather than just put all of them in the army basket. At least we know from Indy's report that he is impressed by the quality and build of the product. If the company has worked so closely with the army to design and produce this, one has to imagine that it has to bear fruit down the road if not soon. I do suspect (from articles and other posts and some common sense extrapolation) that it has to be an essential part of the army's win-t or comms modernization efforts. I would imagine at some stage that the army would be as dependent upon wsgi to produce this key component of their efforts as wsgi is dependent on orders. Perhaps Glenn should push the issue earlier rather than later to get in at least SOME orders, situation allowing?

Sales are really key to wsgi right now. Be it from GTC or the blimps. I am sure everyone there would appreciate a real paycheck for a change. But the reality is that we really need sales income to finance all of that. At least they are a lean mean machine of so few people rather than a huge corp. We know that any substantial sales will thus skyrocket the shareprice...