Replies to post #18468 on World Surveillance Group Inc (fka WSGI)

[Transat 5]

Luxembourg 'company' being considered/formed so 'tax free' .

Penalty for non performance appears stock related.
GTE have 'board' precedence. ie control

Beginning to think that this is a USSR 'beltway bandit' deal whereby the 'Duma' guys get 'privatisation' of a 'national' comms system.
(And thereby hangs a tale !)

If that is the case then it wont be allowed to fail !

So much of the specific' performance' appears to be on the providsion of equipment. Other party responsible for 'smoothing' the way.

What loomed large for me was the contract to be interpreted in English. Thats a major ! Forum though was not included. Thats not good.

jmo

Digesting this a little more over night.

[pszme]

mide here's one. This explains a little about the lack of insight.

8.3 PUBLICITY. The parties may by mutual consent agree to issue a joint
press release describing the collaboration of the parties. The parties shall
also consult regularly during the term of the Agreement and issue, as and when
appropriate, such further press releases and/or other publicity materials as
may be appropriate. The contents of any press releases issued by the parties
shall be subject to the approval of each party, which approval shall not be
unreasonably withheld or delayed.