Replies to post #155871 on World Surveillance Group Inc (fka WSGI)

[flybyday]

Look it was an inept and ridiculous funding. We had no choice but to settle as we could not continue the potential of a death spiral at these valuations. GE has to go, he has created nothing but pain for shareholders. If they don't have money allocated for the airship then its time shareholders take some legal action. That was promised from the first proceeds of the LTA sale and GE needs to be held accountable. At this stage he needs to clear his desk. IMO

[rattlewatch]

Not sure its better than the alternative that was looming if LaJ had not settled and won in court. This investment certainly would have been dead in that case, it appears they need a wooden stake and the silver bullet to get rid of this company.

Perhaps the asset sales and lack of company info was enough to convince LaJ to settle, otherwise they would have a bag full of nothing after winning in court. If this was planned then perhaps news is in the future, all imo.

[Gotcha Sucka]

The only good news... 5 shares for a penny.
For those who appreciate a bargain!