Worthington Energy, Inc. (fka WGASQ)

[Freddybaby]

That is too bad .. we all enjoyed trading this and many of us made and lost a lot of money, for sure .. rest peacefully WGAS traders

[Slojab]

The saga come to an end.

https://www.sec.gov/litigation/admin/2020/33-10848.pdf

[Renee]

WGASQ registration revoked:

https://www.sec.gov/litigation/admin/2019/34-85409.pdf

[mdimport]

I guess the 1 share trade in $WGASQ means the ticker is still alive.

Not sure what else to make of it.

[gronk]

Gee, and they had such a good story too....

[mdimport]

Does this mean the company can return to life?

[Train.Bull]

This crappy scam's bankruptcy was thrown out from the court
https://www.pacermonitor.com/public/case/24373523/Worthington_Energy,_Inc

[Atlanta1]

I hope Toxic Charlie Volk rots in hell.

[petguz]

Oh well !! I’m not surprised !!

[Renee]

WGASQ: SEC Suspension for delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2018/34-83489.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83489-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2018/34-83488.pdf

[TenKay]

WGAS Bankruptcy

http://otce.finra.org/DLBankruptcy

[petguz]

This may not go anywhere but at least its got a Bid. Anything is possible for here.

[Atlanta1]

may Toxic Charlie Volk burn in hell.....

[GreekSeas0ning]

Chapter 11. $50 in assets over 2 million in debt

[GeekTrader30]

O/S is decent

[GeekTrader30]

There’s a lot of .0001s stocks running keeping my eyes on this one for a potential entry

[GeekTrader30]

Who’s loading this?

[GeekTrader30]

Some hits

[danaernst]

Nice find!

[slow okie]

interesting....and strange....

could it be that telecorp inc. (officers or directors) are some way connected to the press release involving this new WGAS

[petguz]

I agree, very questionable !! If it’s so great then name names.

[nodummy]

looks like a pretty questionable press release - why were no officers named in the PR?

Why was the PR plagiarized from a PR done by Telecorp Inc (TLNUF) on January 17, 2017?




WGAS is a revoked Nevada business entity

https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=K%252fYV3%252fXmp6hNm6HFcudaOQ%253d%253d&nt7=0

It has been revoked for over 2 years since 2015.

The company has done no press releases or filings since 2015.

The company website domain at worthingtonnrg.com expired and went back up for sale


A couple of interesting things happened today.

1) somebody bought the worthingtonnrg.com domain using a private proxy

Domain Name: worthingtonnrg.com
Registry Domain ID: 2218786687_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2018-01-26T18:37:34Z
Creation Date: 2018-01-26T18:37:34Z
Registrar Registration Expiration Date: 2019-01-26T18:37:34Z


2) somebody did a vague press release that was absent of any names of any company officers

https://globenewswire.com/news-release/2018/01/26/1313186/0/en/Worthington-Energy-Inc-Company-Announces-Leadership-Change-New-Direction-and-New-Business-Model.html

Worthington Energy, Inc. Company Announces Leadership Change, New Direction and New Business Model

Corte Madera, Jan. 26, 2018 (GLOBE NEWSWIRE) --

Worthington Energy, Inc. (OTC Markets: WGAS) is consulting, digital, technology, and operations. The new management team of Worthington Energy is pleased to announce the exciting new direction and business expansion of the Company's vision and future development.

Worthington Energy new leadership team is structured to fully capitalize on the combined expertise of its new officers and directors.

New Direction and Expansion of Business

The Company has actively begun to pursue an exciting new direction to improve shareholder value and to provide a base for acquisitions and potential reverse merger. This has created an optimal atmosphere in providing potential long-term growth for the Company.

Careful consideration, planning and organization over the last few months have been expended toward expansion of Worthington Energy business and development and/or procurement of new and innovative companies. The 3 main focuses have been on i) the acquisition and further development of companies that are bold and established in the digital marketplace, ii) companies that are built upon innovative or disruptive technology, and iii) companies that are able to scale both quickly and profitably.

The Board thanks the Company's shareholders for their patience as they continue to build on strategies that will provide better value for its stockholders. The Board continues to have complete confidence that these new exciting steps will solidify profits for the Company and enhance support from investors and shareholders.

The press release plagiarized from a press releases put out by Telecorp, Inc (TLNUF) in January 17, 2017

https://www.otcmarkets.com/stock/TLNUF/news/Telecorp-Announces-New-Management-Team-and-Direction?id=148857&b=y

Jan 18, 2017

OTC Disclosure & News Service

Telecorp Announces New Management Team and Direction

Company Announces Leadership Change, New Direction and Expansion of its Business

PR Newswire

NEW YORK, January 18, 2017

NEW YORK, January 18, 2017 /PRNewswire/ --

Telecorp, Inc. (OTC Markets: TLNUF) ("Telecorp" or the "Company") is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology, and operations. The new management team of Telecorp is pleased to announce the exciting new direction and business expansion of the Company's vision and future development.

Telecorp's new leadership team is structured to fully capitalize on the combined expertise of its new officers and directors, which comprise of Mr. Jason Cataldo, President, CEO, and Director, Dr. Eduard Nazmie, Director, and Ms. Darla Gullons, Administrative Officer.

New Direction and Expansion of Business

The Company has actively begun to pursue an exciting new direction to improve shareholder value and to provide a base for acquisitions. Part of this process has included a reverse split which decreased total shares by way of a 1:5000 split on October 14th 2016. This has created an optimal atmosphere in providing potential long term growth for the Company.

Careful consideration, planning and organization over the last few months have been expended toward expansion of Telecorp's business and development and/or procurement of new and innovative companies. The 3 main focuses have been on i) the acquisition and further development of companies that are bold and established in the digital marketplace, ii) companies that are built upon innovative or disruptive technology, and iii) companies that are able to scale both quickly and profitably.

Mr. Cataldo, the new President and CEO of Telecorp, stated, "We are now beginning to see the return of a well-established and forward thinking plan for Telecorp. Over the last few months we have been working behind the scenes to build a strong foundation. I am excited to be a part of this leadership team, and having the support of the board to take this company in this new direction."

The Board thanks the Company's shareholders for their patience as they continue to build on strategies that will provide better value for its stockholders. The Board continues to have complete confidence that these new exciting steps will solidify profits for the Company and enhance support from investors and shareholders.

Is this another fake PR done through Globenewswire.com which now lacks all credibility as a reliable news feed service?

There was some front loading today before the PR hit similar to what happened with PTAH yesterday only the problem with WGAS is the float is much bigger and the news much less pumper-ish so it didn't attracte enough volume to really move the stock.

[Atlanta1]

Corte Madera, Jan. 26, 2018 (GLOBE NEWSWIRE) --

Worthington Energy, Inc. (OTC Markets: WGAS) is consulting, digital, technology, and operations. The new management team of Worthington Energy is pleased to announce the exciting new direction and business expansion of the Company's vision and future development.

Worthington Energy new leadership team is structured to fully capitalize on the combined expertise of its new officers and directors.

New Direction and Expansion of Business

The Company has actively begun to pursue an exciting new direction to improve shareholder value and to provide a base for acquisitions and potential reverse merger. This has created an optimal atmosphere in providing potential long-term growth for the Company.

Careful consideration, planning and organization over the last few months have been expended toward expansion of Worthington Energy business and development and/or procurement of new and innovative companies. The 3 main focuses have been on i) the acquisition and further development of companies that are bold and established in the digital marketplace, ii) companies that are built upon innovative or disruptive technology, and iii) companies that are able to scale both quickly and profitably.

The Board thanks the Company's shareholders for their patience as they continue to build on strategies that will provide better value for its stockholders. The Board continues to have complete confidence that these new exciting steps will solidify profits for the Company and enhance support from investors and shareholders.

[PennyWhale]

probably another scam PR

[slow okie]

not sure what to make of it...

new direction, new leadership, new business

wonder what happened to the old WGAS

[Krupp]

https://finance.yahoo.com/news/worthington-energy-inc-company-announces-193938711.html

[Krupp]

https://finance.yahoo.com/news/worthington-energy-inc-company-announces-193938711.html

[Atlanta1]

news just out

[slow okie]

what is happening here...a bid @ .001 and ask at .0002

anyone know what is causing this out of the blue??

[petguz]

Oh my God !! It’s alive !!!!!

[Atlanta1]

someone just ran a scam to get suckers to bid...

[Atlanta1]

now huge dumping into the bid...

[Atlanta1]

good ol' Toxic Charlie Volk - a stand up guy

[Atlanta1]

Item 4.02 - Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.



On March 17, 2015, Weinberg & Company, P.A. (“Weinberg”) notified the Company and its Board of Directors that they have withdrawn their audit reports included in the Company’s Annual Reports on Form 10-K for the years ended December 31, 2013 and 2012 (the “Form 10-K’s”), and that disclosure should be made to prevent future reliance on Weinberg’s audit reports in the Form 10-K’s. In addition, Weinberg notified the Company that on March 5, 2015, the Company filed its Form 10-Q for the quarterly period ended September 30, 2014 and its Form 10-Q for the quarterly period ended June 30, 2014 prior to the completion of Weinberg’s review procedures and without Weinberg’s knowledge. The Company and its Board of Directors have determined that the financial statements included in the Company’s Annual Report on Form 10-K’s for the years ended December 31, 2013 and 2012, and the Quarterly Reports on Form 10-Q for the periods ended June 30, 2014 and September 30, 2014, should no longer be relied upon.

[Atlanta1]

yep - my mistake

[PennyStocksGuru]

Huge volume today. News?

[GreenMachine]

Im showing 220 mill. This company has been dead for years... Watch lol.

[Atlanta1]

$3500 ?

nah....just one or two people crap shooting

[GreenMachine]

Lots of volume here...
Watch for fake news to drop.

[Atlanta1]

I hope Toxic Charlie pokes his thieving head up somewhere....

[petguz]

???

[Until2020, formerly Until2017]

If-toxic-Charlie would-tell the-right lies-at
the-right time-$WGAS might-give a-wild-ride.


Might have one more left in her, OR NOT



Until

[Atlanta1]

It's only a $225 trade.

probably someone literally rolling the dice.

I hope Toxic Charlie raises his thieving head again one of these days.

[petguz]

??

[petguz]

?

[ammoking]

Someone bought 4 million the other day it's like days of our live shares thru the hour glass. Lol

[Atlanta1]

I wonder what Toxic Charlie Volk is doing these days...