Replies to post #118577 on World Surveillance Group Inc (fka WSGI)

[Acumen]

"That fact has not escaped its importance to me."

Mide, speaking of importance to you, how do you feel about insider enrichment as per the latest 10-Q during Sanswire's current financial crisis?

TIA

[Gotcha Sucka]

Someone's holding up the private sale price at that price point. I first heard of that price also a year and a half ago, must have been around the same time as you. It keeps coming up as the price point for all their private placements.

Someone evidently knows something. Someone thinks .105 is a bargain, even though free trading shares are lower priced. Someone who can afford to prop the company up each time it needs money is someone who obviously has a lot of money and most people who have a lot of money are not stupid. So someone knows a payoff is coming. Obviously its the same person buying this stock at these prices over and over again. GTC didn't buy this latest block, if it did, the press release would say that.

So even though I think the management of this company, both as a group and as individuals, are a despicable joke, the company has a Mrs. Havisham for a reason.

[Squirt]

Thanks for the reply

I understood the part about the company not getting the 800K alright but the financial logic escapes me. I assume the "lender" intends to make some money eventually and, since most investors act in their own interests, why pay a premium?

There's something else afoot.....there has to be.

It's a puzzlement,