Replies to post #60751 on World Surveillance Group Inc (fka WSGI)

[JimProfit]

sometimes i think he and you really didn't know what really goes on with this company. that's why this worked for such a long time...

[Logandean]

You know Sam and Risk
Vern makes a very creditable witness in light of being let go and then coming back as a poster as he has here
Because he has a strong written record on this board long before the russian mess
One thing for the record Vern has always said Huff was honest and creditable
I dont think I would want to carry the cost of litigation here I believe planitiffs fold
If there was something real wrong here the sec would have already stepped in
Let's see what the SEC says

[SAMdashada]

vern -- Your post has a lot of

words which have very little value. You posted:

"I know Huff personally and he is not the kind of individual who tries to defraud someone."

vern, there were hundreds if not thousands of people who said the same thing about Ken Lay -- big deal.

I would be willing to bet that part of the suit -- and this is just a guess -- pertains to the FACT that Huffy stated that there was a "BINDING CONTRACT" with Internafta when apparently there was nothing of the kind. That was and is deceptive. I don't care if it was intentional or not it was deceptive. The primary thing shareholders have as a basis upon which to invest or sell is information given to them by the company which, at that time, was Huffy.

vern, I think you, as a non shareholder, do a disservice to posters, actual shareholders, on this board when you make statements which are nothing but guesses/opinions and are not, in the least based on law.

[trunkmonk]

at this point, there is no proof of wrong doing on the part of the company, if they sold shares before the fact, its their problem. I think the court will say the same thing, no one forced anyone to sell, nor did that deal have any impact on current business at that time. what do you tell the judge, if that deal went through I would have made a fortune. A stock is only valued at the going price of the printed paper its on, everything else is supply vs demand unless there is proof that the price of stock was manipulated by the company.

[Bright-idea]

"He put out a legitimate PR in a timely fashion and it backfired on him. It was not his fault, plain and simple"

That is what the judges will decide. It will be the best thing for all shareholders to know if this company is legitimate or not. Let's have the truth for once.

[gtewillwin]

Hey Vern- I actually posted a response before I read your thoughts on the burden of proof. Nice post! I was gonna say the same thing.
Huff and Globetel did not scam their investors.
They were misled by the Intenafta crooks.
Therefore, the suit has no merit!!!