Replies to post #152924 on World Surveillance Group Inc (fka WSGI)

[coastiretired]

Felicia is the new CEO of the Holding Corp pulling in $150K/year in salary, a $25K signing bonus, and is eligible for a $150K bonus. I'd show up to work for that. Kevin still owns APC which does most of the contract assembly work for LTAS. Its a win/win for the Hess family.

My guess is that APC was struggling to stay in business or they wouldn't have gotten involved with WSGI in the first place. By splitting off LTAS, the Hess family now has a guaranteed cash salary from Felicia's CEO position, WSGI shares, and APC keeps getting paid for building out the units with the promise of increased sales.