Replies to post #36114 on World Surveillance Group Inc (fka WSGI)

[nowisthetime]

Lowtrade
Revenue was lower than I expected. Too flat! Little on wireless, except for VPN and in that I jump for joy as I see self funding possible after 9/30. Looks as though there is enough in the kitty to get there and some. I do not expect more than the first gap to cover.

[dfmantx]

Low, I must agree, Revenues were not spectacular, but about what I expected. I was a little surprised how well they kept expenses down thru this quarter, while increasing some like R&D from $528,371 from $374,535 very good sign IMO.

IMO, looks like GTE will be able to stay afloat long enough to implement many of our products such as Stored Value Card in India, maybe get a hotzone contract (Mexico looking very promising), and the Strat.

So, not the glory many were hoping for, but it gives me piece of mind and assurance that my GTE investment is no where close to going down the crapper.

[jfburk]

Low, the balance sheet looks better in that there is more cash on hand than 2005, asset are up, liabilities are down, operating expenses are down, and on the financial statement the net loss is less.

I too am disappointed in the revenue side as Centerline did not produce as expected. I did not expect to see much revenue from the other divisions as most really kicked off July 1 which will be in the second qtr. VoIP is stated to be EBITDA positive now but that wouldnt be reflected in the total qtr results. The India project was to kick off in July.

Management needs to give us some guidance into the third qtr which is now half over. I would expect a letter from either Dumas or Huff and preferably Dumas in the next day or so or will be extremely disappointed.

GTE keeps it interesting and challenging. Just enough to keep me hooked.

[trunkmonk]

lowtrade, now your talking what most are not seeing. they are making more margin, and revenue, than many companies do at much higher stock prices and more shares outstanding. GTE is doing very well, as you can see its constantly raising the bar. hopefully its only the beginning of the really big leaps forward, to me, this stock is very cheap right now for its current accomplishments. what would the price look like if the strat program gets going like planned/designed.