Replies to post #153646 on World Surveillance Group Inc (fka WSGI)

[flybyday]

I agree with that bank a case can be made for or against Glenn staying. Obviously shareholders are divided which is understandable. We all want the same end result whether Glenn is steering us or someone else which is success, a positive share price and far less dilution. Of course fears of early reverse are concerning as this is not the time or the place imo to entertain it.

Inflammatory statements don't help the cause and while we all can be agitated by losses those in and of themselves remain paper losses to date. I like Glenn personally and have supported him and management for several years on these boards and elsewhere. It is not with any joy that I say I feel we need change but for me it has become obvious. Still if Glenn stays which for the time being is likely I want to convey support and hope for much better outcomes than we have encountered thus far.

None of us can know the outcome of DRNE, I am anxious to see their true outstanding share base stated as their 10 q's unfold. Obviously 40-50 million shares outstanding makes eventual revenue potential from the sale of LTA much more likely to result in a favorable outcome for our 10 million share stake than 150-200 mill which would likely be very difficult to realize without giant revenues and more product and company mix under their banner.

As far as judging others investment methods I am not wise enough to view Insighter's or any one else's decision making. I have no idea if Run has invested anything in this company since Glenn arrived or LTA was purchased or is still hanging on to shares from the Huff days. That is not my concern but certainly changes perspectives. Most of us that put in extra capital had our reasons and expectations whether in funding the company or purchasing shares. We don't walk in others shoes we know our own positions and the reason why we invested, if we have signed NDA's we know what was stated and what potentials existed. Overall I am on the side of shareholders period.

[insighter]

In my reply to Bagel, I never once directly said CEO sucks as you accuse...so if you would kindly stop putting words in my mouth, I would appreciate the "professional courtesy".

I had asked you to provide a defense for Glenn's legacy using clear, objective outcomes like share price, revenues, and dilution (I should add lawsuit risk to the list), to which I suspect you are unable to mount an intelligent answer. Otherwise I am sure you would have stuck to the topic rather than resort to hurling insults at my intentions and putting words in my mouth.

Kindly share with us why Glenn should be trusted to lead going forward? Why should shareholders trust him to be transparent, to not do an r/s or dilute this company any further, or to sell the rest of the company for another $335k and 10 million non-tradeable shares or sign another strange dilutive financing deal that no one understands? These are concerns that are forward looking that need to be addressed thoughtfully. The impact to large shareholders would be devastating if the current prices are not even given a chance to move up organically from here as GTC ramps up, which may be possible if Indy is to be believed on current stability, and Drew is to be believed with his shareholder letter that GTC is ramping up to the tune of 900% year on year.

Kindly let me know what evil intentions I could possibly harbor for asking for a change of guard to a more positive, transparent leader with proven track record of success in business that people can trust? I would actually love for someone like Drew to take over if he is so inclined to help, since you have highly recommended him in terms of business and he seems like an honest and capable guy.

Have a good day.