Replies to post #63161 on World Surveillance Group Inc (fka WSGI)

[maybegte]

" looks like Globetel may have been uncertain of thier procedures"

Perhaps..however:

"In addition, the Company hired a consultant to perform an internal
control review for the purpose of evaluating the Company's internal controls. As
a result, additional controls and procedures were implemented"


It would appear they made changes & were satisfied given that
"Based upon the required evaluation, the Chief
Executive Officer and the Chief Financial Officer concluded that as of December
31, 2005, the Company's disclosure controls and procedures were effective (at
the "reasonable assurance" level mentioned above"

It would seem they thought they were good to go..guess we'll see if SEC agrees..

[nerd86]

followingte There were no further complaints by Dohan on any control procedures or indeed any accounting measures of the company. Again CPAs are required, by law, to report any infraction of GAAP they feel is commited by the company. Why run this around robins barn? You can be assured the reported problem(s) were addressed.

What none of can know is, were there other infractions that were unknown to Dohan, that the SEC has found or will find. If that is what you have been attempting to say, then I agree with you.