Replies to post #69230 on World Surveillance Group Inc (fka WSGI)

[tradeforyourlife]

Now you're advising to hold onto the shares through a bankruptcy????? lol

Please tell me how you come to the conclusion of that being a smart move given the below:

1. Not having seen a balance sheet for the company dating beyond 6/30/06.
2. Arguably the largest recoverable asset of ~$5mm (aka not composed mainly of goodwill and intangibles) being 'sold' (term used loosely) to Gotham Financial.
3. $1.1mm Debt taken on in the recent financing of Sept 06.

Yeah seems like a screaming buy there....