Replies to post #142646 on World Surveillance Group Inc (fka WSGI)

[WildWest]

Mide, I agree. The applique's are for tracking (as I understand) and I'm surprised we haven't seen any revenue to date. Why not ask GTC?...this is certainly a question shock holders deserve an answer.

[indyjonesohio]

Is it possible that the appliques were exchanged for free simplex accounts and the economic potential/value of the appliques is the potential revenue-generating capacity of the "free' simplex ESN's over their lifetime? This might account for why building additional ground stations has the result of generating more "free" simplex accounts. I am still digesting RW's data but this was an initial hypothesis I had. In that scenario, the economic life of the appliques ends when the free simplex accounts go away. A lot of bartering going on here it seems to me. Also, if I read it right David gets a premium every time a new ground station is built? I am out of my element so I am only asking. Thanks, Mide! IndyJonesOhio.

[WildWest]

I've asked GTC-USA about revenues and potential obstacles. When I hear back I'll post.

[rattlewatch]

Don't know what the catalyst or events were,and hopefully still are ,but just delayed.

It seemed to me as though, most of the info back then centered on GTC rather than the Argus. The newsletter,especially the first one, barely mentioned Argus,plus they started the new website for GTC.Also from the wording in the purchase agreement and the Agreement BB found, Afghanistan seemed to be in the bag.

Even with this, the numbers wouldn't add up to break even with the current burn rate.With 9000 or 10000 free ecns per ground station should equal $1M to $1.1M per year at the lowest Globalstar simplex plan $110.They would need quite a few of these,even including the money they'd receive from the installation.

So that should lead to the Argus like you're saying. I would include the Gsat possibilities,but i doubt these guys MC/GE would start all this up based on something they couldn't control.

Hopefully,whatever it was, will come thru quickly.

All imo