Replies to post #44095 on World Surveillance Group Inc (fka WSGI)

[followinsnsr]

Nerd86, I was referring to this post by Mide:
"Rob has confirmed Delta Aero is gone...Extinct."

I would think it would be possible the SEC is or could investigate GTE for several reasons.
1-Apogeo Enterprises Corporation which is dissolved. That was a 50 million dollar joint venture agreement and a material event at the time of release. I would think it would have been a material event and should have had a press release when dissolved.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2005_July_14/ai_n14788320

2- If Delta Aero was a shell company set up to gain government contracts for DAV, and was indeed part of Globetel. There would be ethics and possibly fraud involved.
If it was not a shell company whatever the amount of money paid to Delta Aero for the technology for Skybot and Invader should show up on the next quarterly report. (Rob quoted " I know very little about Delta Aero except that GTE acquired the technology for Skybot and Invader from it}."
http://www.investorshub.com/boards/replies.asp?msg=10522929

3-The Russian deal.