Replies to post #117447 on World Surveillance Group Inc (fka WSGI)

[Jetmek_03052]

I wouldn't trust anything the man has to say, so I wouldn't waste the dime.

Do you doubt that there is an apparent lack of reporting? The 8K's are clearly defined on when EXACTLY these gentlemen received shares. There has been sufficient time for ALL of them to file SEC Form 3, 4 or 5.

I don't see any.

Where are they?

[Jetmek_03052]

Dabug, Here is a little light reading material for you and the entire board to read through. It CLEARLY shows that the officers should be reporting the shares received in their employment (or BOD placement) agreements:

http://www.sec.gov/rules/final/34-46421.htm

Just to be clear about it, here is the first paraqgraph form the link I provided:

"I. Executive Summary and Background
Section 169 applies to every person who is the beneficial owner of more than 10% of any class of equity security registered under Section 12 of the Exchange Act,10 and each officer and director (collectively, "reporting persons" or "insiders") of the issuer of such security. Upon becoming a reporting person, or upon the Section 12 registration of that security, Section 16(a) 11 requires a reporting person to file an initial report with the Commission disclosing his or her beneficial ownership of all equity securities of the issuer.12 To keep this information current, Section 16(a) also requires reporting persons to report changes in such ownership, or the purchase or sale of a security-based swap agreement13 involving such equity security. Previously, Section 16(a) provided for such transactions to be reported on a monthly basis within 10 days after the close of each calendar month in which such a change in ownership or purchase or sale of a security-based swap agreement occurs."

Any doubt know that these guys should be reporting their ownership changes? Shares either GIVEN, bought or sold should be reported.

WHERE ARE THE FORMS????