Replies to post #153002 on World Surveillance Group Inc (fka WSGI)

[ColeThornton]

Ren it's good that we periodically post...

such important information. There is always the chance a newbie could be checking out the company.

the Company is required to pay a civil penalty of $300,000. As previously disclosed, the Company placed funds to pay the civil penalty in escrow in June 2010. Further, the Company consented to a permanent injunction against future violations of such federal securities laws and SEC rules.

a permanent injunction against future violations.

[hogman_5]

ren: You DO understand a "company" can't go to jail, don't you?

At the time GTE WAS an engine of theft! It was proven in court! Jeez, guy, get real! The officers of any company ARE the company.

As for today, WSGI STILL sells stock that almost immediately declines in value. Is it intentional? Are they culpable? Does it matter? They're either criminal, unlucky or totally incompetent.

I paid a buck-seven per share just in time for the now-infamous 15:1 RS- "to get on AMEX". I've been here ten years and the one thing that had a shot at success, they sold out from under us!

And that makes you all gung-ho, rah-rah?