Replies to post #148612 on World Surveillance Group Inc (fka WSGI)

[runandadd]

I guess they thought it was the best deal at the time, considering the state of the company, no sales and no other credit sources.

[Q-reus]

insighter, what other choices were on the table, had the company passed on LJC's funding? Given the status of the company at that time, the next move would have most certainly been bankruptcy. There is no way the company would have survived, imho, and this present status of WSGI would have never materialized. The majority of investors have frowned on the LJC transaction (me as well), but again, what other options were there? Were there any? Best regards.