Replies to post #63453 on World Surveillance Group Inc (fka WSGI)

[gtewillwin]

followingte-I think you are wrong. They are not going to force a funding deal at this level and then drive the price up!

[eqbeck]

It was Sept for a little over $1 mill

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 13, 2006--GlobeTel Communications Corp. (AMEX:GTE) announced that it has placed privately 7% Convertible Notes in the amount of $1,075,000, together with Class A and B warrants, with Hudson Bay Overseas Fund Ltd., Hudson Bay Fund LP, Nite Capital LP, Castle Creek Technology, Double U Master Fund, The Nutmeg Group and Brio Capital LP.