Replies to post #37947 on World Surveillance Group Inc (fka WSGI)

[cookie01810]

Was the good news the press coverage or do we still have good news coming--soon I hope.

What do you think thtat news will be? Will it show Sanswire out of the hanger? testing will be over months they can't report much testing.

[shinkdew]

Here is my take on the charges, AND THIS IS JUST MY OPINION:

Charge 1: Could be disclosure of signing of Internafta, or disclosure of default of Internafta (dislcosed it the same day lawsuits were filed, coincidence?). Could also be Centerline billing problem.

Charge 2: I have no idea what this could be. This one is kind of scary, because none of us have any idea what was incomplete, misleading or inaccurate. It could be something small, it could be something big.

Charge 3: None of us would know unless we worked at GTE.

Charge 4: This could be anyone Amex interviewed. This is a pretty serious charge.

Charge 5: Not sure about this one either. I can't think of any NR they released that I thought was bizarre and didn't need to be released.

Charge 6: This could be someone at Caterham or Asia Pacific.

Charge 7: None of us would probably know this either, unless we worked at GTE. They did report internal control problems in thier 2004 10-K. They may have never fixed these and this could be what they are referring to. It seems to be more than that though. This could get Huff and Lynch in trouble because they just signed off on their internal controls effectiveness last week.

[trunkmonk]

good point, I think they are getting bombarded right now, and maybe nervous about whatever they do, else they have something to tell us today to offset any pounding.