world surveillance group inc
(WSGI:OTC US)
world surveillance group inc (WSGI) Snapshot
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Open
$0.02
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Previous Close
$0.02
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Day High
$0.02
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Day Low
$0.02
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52 Week High
05/21/12 - $0.05
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52 Week Low
11/2/12 - $0.0061
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Market Cap
13.9M
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Average Volume 10 Days
457.8K
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EPS TTM
$-0.01
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Shares Outstanding
609.1M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
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Related News
world surveillance group inc (WSGI) Related Businessweek News
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World Surveillance Group Inc. designs, develops, markets, and sells unmanned aerial vehicles worldwide. The company’s products carry payloads that provide persistent security and/or wireless communication from air to ground solutions at various altitudes. Its airships, when integrated with electronics systems and other high technology payloads are designed for use by government-related and commercial entities that require real-time intelligence, surveillance, and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief, and maritime missions. The company’s products include Argus One, an unmanned autonomous airship with automated control for individual body modules for flight stability and aerodynamic control; SkySat, a semi-rigid, cigar based, and non-modulating design aerostat that carries payloads for longer durations; and Stratellite, a high altitude airship. In addition, it operates an e-commerce Website that offers a range of portable satellite voice, data, and tracking solutions, such as handheld satellite phones, personal and asset tracking devices, and portable high speed broadband terminals to the U.S. government, defense industry, and commercial users. The company is headquartered in Kennedy Space Center, Florida.
Last Reported Date: 03/29/13
world surveillance group inc (WSGI) Top Compensated Officers
world surveillance group inc (WSGI) Key Developments
World Surveillance Group Inc. at its AGM to be held on July 30, 2013, recommended the amended and restated Certificate of Incorporation of the Company which increases the authorized common stock of the Company from 750,000,000 to 1,000,000,000 shares.
World Surveillance Group Inc. (WSGI) announced that, with the support of Lighter Than Air Systems Corp. (LTAS), the operational team has delivered the initial Blimp in a Box (BiB) aerostat system to the Department of Defense (DoD). The delivery included not only demonstration and testing of the aerostat system but also multiple training sessions for soldiers on the base in preparation for future military exercises. Formal DoD acceptance of the first BiB system was issued following completion of the testing, the initial round of training and an inventory accounting. WSGI's and LTAS' operations occurred in cooperation with WSGI's wholly owned subsidiary Global Telesat Corp. who was awarded the contract from the DoD for a set of BiB systems in January 2013. The contract award includes on-location support for technical fact gathering, installation and training for the BiB systems. In coordination with the DoD, delivery, installation and on-site training for the second BiB system will commence in April 2013 and will include improvements, spares and modifications following several Army requested modifications of the system. The BiB systems are intended to provide semi-persistent, mobile intelligence, surveillance and reconnaissance (ISR) at the platoon level. The BiB aerostat system is designed to provide real-time day/night high definition footage for ISR, detection of hostile activity, improvised explosive devices, border security and other governmental and civilian uses.
World Surveillance Group Inc. filed its 10-K on Mar 29, 2013 for the period ending Dec 31, 2012. In this report its auditor, Rosen Seymour Shapss Martin & Co, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
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Industry Analysis
WSGI
Industry Average
| Valuation | WSGI | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 8.7x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 2.8x |
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To contact WORLD SURVEILLANCE GROUP INC, please visit www.wsgi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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