Replies to post #128064 on World Surveillance Group Inc (fka WSGI)

[Acumen]

BagelBoy, from the 10-K

"In addition to the technological partnership we have with Eastcor Engineering, we have a strong and long-standing relationship with Global Telesat Corp. (GTC), a leading provider of satellite-based asset tracking and monitoring services for governments and commercial users. In 2010 GTC purchased a 50% interest in a SkySat UAV and has an option to purchase the remaining 50% through the end of 2011. GTC has also made equity investments in us with the proceeds being used to fund research and development of our airships and possible solutions combining GTC’s satellite simplex data transmissions systems and tracking devices with our airships to provide persistent, autonomous, global aerial monitoring and tracking solutions for infrastructure and assets, as well as to allow data communications in areas of the world not yet covered by satellite ground stations."

And of course we know the cozy relationship Phipps has with Anita! lol