Replies to post #135027 on World Surveillance Group Inc (fka WSGI)

[bankinonit]

Mide - ever seen a "death spiral" financing arrangement that caps the investor at 4.99%? Seems like the boys are using some of the experience we assumed they would when coming on board.

Also, in regards to this from the S-1 - "La Jolla also has a right of first refusal on future financings of the Company on the terms identified by the Company" The key phrase here is "on the terms identified by the company". If a better financing deal came along, La Jolla could get in on it, but they would have to agree to the new terms. Again, deal making experience is showing its hand. I like it a lot.

bank

[cpmac]

Mide you have opined if the SP is moving up. What happens in regards to La Jolla if it stays stagnant below $.075?

TIA
Chris