Replies to post #27336 on World Surveillance Group Inc (fka WSGI)

[jfburk]

trunk, that isnt my job, providing you a plan for the future of GTE. WE are all independent investors in the company and should be doing our own DD. If your DD says the company isnt worth it, sell your shares and move on. If you are looking for a plan the company should be the place to go to get it, not a message board.

There is a lot of good DD on this board and on Rocky's board. I have the greatest respect for what Rocky has provided and I suggest you start there as well as use the good information on the heading of this board. Do not expect others to help you protect YOUR investment.

I have faith in J. Randolph Dumas because of his resume. I like the individuals that have joined this company including NASA engineers and a former Astronaut. I like the outside global BOD members who are well versed in foreign affairs. None of these people would put their names on a scam company as their egos will not allow them to fail.

When your resume equals that of those on the BOD then you will have more credibility. To continue to complain about something that hasnt happened yet tells me a lot about you.

[WarpCore61]

Personally, I have faith in Huff and the GTE board and crew. I understand that having 250M shares authorized is not the same as having actually issued those shares. This is no different than asking the bank for an increase in your credit line, so you can be prepared for opportunities that present themselves. It doesn't mean you're going to act irresponsibly and go on a buying spree and max out that line of credit.

There may be reasons the company can't give us all the details about possible acquisitions they are considering. Let's say Huff announces to us his plans to acquire XYZ company because of their superior technology which will give our HAA a distinct advantage over our competitors. Do you think our competitors will just sit on their hands and let it happen, or try to acquire the technology themselves? How would we benefit from acquiring technology at much greater cost resulting from a bidding war, or worse, from being outbid and our competitors getting exclusive rights to the technology we want?

I will give Huff and crew the benefit of the doubt, vote to give them the flexibility they need, but at the same time hold them accountable for their actions with these additional authorized shares.

Given their track record with acquisitions (Hotzone, Sanswire), I think many here are worrying too much, and I think by December, the share price will have quenched all concerns regarding the number of authorized shares.