Replies to post #143568 on World Surveillance Group Inc (fka WSGI)

[Madmonks]

Again, I couldn't agree more about the importance of GTC cash flow. That's why it's so frustrating to go on to GTC's website and still see an offer period for Globalstar Satellite Phone Airtime of "January 1 to December 31, 2012" and "Coming Soon" for Satellite Phone Rental. This is the low hanging fruit which they should be able to easily fix and capitalize on now.

It's been over 10 months since these statements were made in the company's newsletter:

- "Over the coming months, GTC intends to significantly increase the range of communication and tracking products and solutions available for customers to purchase online through its retail website."

- "During 2012, GTC plans to recruit a global sales team to aggressively market our range of customized tracking devices, satellite communications equipment and other offerings. GTC also expects shortly to be introducing its products and solutions through additional sales channels such as Amazon, eBay and other online retail sites, as well as pursuing sales through the U.S. General Services Administration ("GSA") Schedule Program."

When Best Buy named a new CEO a few months ago, he disappointed Wall Street at his first analyst meeting in New York because, instead of laying out a new vision for the company, he highlighted the "low hanging fruit" that could be fixed immediately to stabilize the company -- like price matching on its website, better management of inventory and improvements to customer service. As a result, Best Buy's holiday sales were better than expected.

[scarlet knight]

Indy, one of my biggest concerns going forward is the large number of outstanding shares (approx. 500M). How is WSGI going to handle that? Should WSGI do further acquisitions more dilution is possible unless we get a sizeable influx of capital - revenue not withstanding. Keep your viewpoints and thoughts coming.

[runandadd]

So it turns out that our sub-contractor has not just beem manufacturing the BIB for us but apparently been marketing and selling the same thing. As an investor you don't see this as something that would put the brakes on loading up the truck with one cent shares?

It is fantastic news that we sold a few of them, but before we start counting platoons, wouldn't we like to know why they would bypass this company and by directly from us?