They are one in the same at WSGI.
This is a very small company.
I just read a story about an oil company Endeavour Intl that filed for bankruptcy and cancelled all its existing common shares without restitution for any shareholders. I am pretty sure this company is headed there too. If they decide to throw a bone, it'll be at some ridiculous ratio like 5,000:1. I'd watch for any sudden conversions of management- and director-held equity into very large notes here. Although equity/debt swaps are rare, that's just the type of move crooks like these, in my opinion, would make. Then, when they file for bankruptcy, they cancel everyone's shares and restructure the notes down to levels of repayment that may one day be feasible or would be taken care of in a buyout of the shell. It is my opinion that those involved across the spectrum of WSGI and its protege company are crooks, with one in particular keeping a low profile but calling the shots the past 5 years. You really have just him to thank for every bad decision that somehow put money in his pocket.
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