Replies to post #69188 on World Surveillance Group Inc (fka WSGI)

[db_ill_invest]

4 posssible scenarios IMO.

1. Shares being issued to contractors and employees instead of cash (but volume has really dropped off of late)

2. Some internal loan from the K brothers or caterham

3. Centerline(and Vozbrazil/pilot hotzone money) revenues have grown to handle the cash burn

4. Some external funds from an undisclosed strat partner are offsetting GTEM's expenses (which wouldn't need to be disclosed as previously discussed if pursuing a mutual government contract)

I vote for 3 and 4, with some possible 1. and 2.

[siriuslyricher]

"We agree, all fundings of any sort directly to continue operations must be immediately disclosed via an 8K."

IMO, there are four choices and any combo thereof:

money from VPN already pr'd (i.e. for completion of the pilot and possibly via the original agreement providing for funding of the initial phase);

Centerline/VOIP/Magic Money revenues;

slashing costs;

and, government funding of the strat, possibly through Raytheon or another large defense contractor.