Replies to post #94982 on World Surveillance Group Inc (fka WSGI)

[ken w]

What we are all observing is GTEM being in the process of attempting to re-establishing its credibility within the Investment Community and with the SEC. The way they are going about this is 1. Stating what they plan to do 2.Accomplishing it 3. Telling the world about it 4. Selling it. Right now the TAO program is an effort to show that GTEM plans to develop an airship, build it, demonstrate it, and sell it. If GTEM can do these things correctly, the SEC will go away, the Investment Community will realize credibility, and GTEM will re-establish themselves in Investors eyes. While these latest NR's are baby steps, it is demonstrating positive forward progress to the SEC and Investors. GTEM has no intent to pump the SP, merely show they are sticking to their plan with facts. They are now acting like a serious company with a serious IR department reporting facts rather than previous fantasy. That's why we hear about the facts AFTER they get accomplished unlike before when nothing got accomplished. Parallel to GTEM'a plan to produce an actual product, they are redoing the financials to become compliant with the SEC. IMO the SEC knows the overall plan and is allowing GTEM to continue to operate while they observe whether or not GTEM will produce a viable product that can be sold. Had the SEC seen criminal intent within GTEM at this point, IMO there would be no way that the shares would still be trading. But the SEC will most likely stick around until they see such evidence of some successful product sales events. So with that in mind, I view the latest developments with TAO as an accelerated attempt by GTEM to build a low altitude airship (thus the 10 day window to seal their deal with TAO), the latest NR about succeeding with their airship test, and finally a sale to an actual customer that will hopefully be forthcoming shortly. We all know that these are difficult times for GTEM and shareholders alike as there is a lot at stake. I suspect that the next several months may tell the tale about the future of this company. All this is just my personal observation and opinion.