Replies to post #27479 on World Surveillance Group Inc (fka WSGI)

[serious1]

From your post of Global Crossing.

"Global Crossing also continued to be a strong force in the carrier space. The company was named "Best Global Wholesale Provider" by Capacity Magazine, and it announced contracts with Loral Skynet, Vox Communications, Globetel and Americatel, among others. The carrier group continued making progress in 2005 and achieved higher revenues than expected in its wholesale voice business."

It sure seems like Global Crossing and GTE are working together they sound the same in their guidance for 2006 on EBITDA.

Globel Crossing:
2006 Guidance
The company has reiterated guidance that during the first half of 2006 it will reach the point in time when it expects to start generating positive adjusted EBITDA, and that during the second half of 2006 it will reach the point in time when it expects to start generating positive cash flow.

GTE and Huff's PR of 4/10/06

-- 30 June 2006: StrateVoIP Division, GlobeTel's IP Phone
Division, will reach positive monthly EBITDA and will double net profits every 60 days throughout the remainder of 2006.