Filing Details

Accession Number:
0001512394-11-000021
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-07 16:16:41
Reporting Period:
2011-11-02
Filing Date:
2011-11-07
Accepted Time:
2011-11-07 16:16:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
919742 World Surveillance Group Inc. WSGI Telephone Communications (No Radiotelephone) (4813) 880292161
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1495058 Glenn Estrella Mail Code: Swc
Kennedy Space Center FL 32815
Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock $.00001 Par Value Acquisiton 2011-11-02 133,333 $0.08 2,752,924 No 4 P Direct
Common Stock $.00001 Par Value Acquisiton 2011-11-02 666,667 $0.08 3,419,591 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock $.00001 Par Value Common Stock Purchase Warrants Acquisiton 2011-11-02 133,333 $0.21 133,333 $0.21
Common Stock $.00001 Par Value Common Stock Purchase Warrants Acquisiton 2011-11-02 666,667 $0.21 666,667 $0.21
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
966,667 2011-11-02 No 4 A Direct
1,633,334 2011-11-02 No 4 A Direct
Footnotes
  1. On November 2, 2011, Mr. Estrella purchased 133,333 shares of common stock valued at $.075 per share and received common stock purchase warrants for 133,333 common shares with an exercise price of $.21 and a term of three years. The warrants are exercisable on a cashless basis.
  2. On November 2, 2011, Mr. Estrella entered into an agreement to convert $50,000 of accrued cash salary into 666,667 shares of common stock valued at $.075 per share and received common stock purchase warrants for 666,667 common shares with an exercise price of $.21 and a term of three years. The warrants are exercisable on a cashless basis.