Replies to post #153616 on World Surveillance Group Inc (fka WSGI)

[nonotme]

It's not unusual for a Co. to have multiple failures before finally hitting it big. As long as the Co. Can survive until that happens. If you don't first succeed try try again.

[insighter]

I came on board with the understanding that 1) there were many viable products being sold that were expecting major orders,2) that this management was totally different from prior management who were crooks.

I would not expect this level of opaqueness in deals and non transparency from a supposed "clean" CEO. I have a right as a shareholder to request a change of CEO to someone that is trustworthy and capable. I think it is in the interest of ALL shareholders. It was never given a chance to play out by the way. The immediate upside potential has been sold in a non-open fashion, and for IMO much less than what it could have been sold for had it been done in an open process.

I feel that this CEO has not made any satisfactory progress in his tenure, and in fact has made really bad decisions in terms of bedfellows in ljc and potentially with this new group IMO. The share price is a reflection of that, so it is not merely my opinion. I can understand it if bashers and shorter would want his continued tenure. If I were a short, I would love for him to continue his legacy of shareprice destruction too.