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Those weary of the R/S shouldn't forget Mason is holding MORE shares of WGAS than anyone. As Worthington Energy grows, so does his base salary, and his stock holdings in the company. Check the SEC filings, it's all in there.
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Tony Mason - CEO September 4, 2012
"I have received a number of comments on the matter of the stock reverse spilt. At this stage I am unable to say very much about this issue as I am bound by legal constraints. Suffice it to say, as a fellow shareholder, I want to maximize return for all shareholders and this has been given a huge degree of thought and consideration. The issue of the increased share capital is another matter, and again, I am constrained by law as to what I am able to say. The objective is to build the Company, and with that shareholder value. A more detailed statement will be forthcoming post discussions with our Legal Counsel."
100,000 shares post r/s, means you had 1,000,000 pre r/s. that's what i was referencing in my earlier post.
"if you have 100,000 shares post r/s, $10 a share would get you a million bucks, but depending when you sell you'll owe taxes. I was saying if you wanted to pocket a million let it grow to $14 a share to cover the taxes and you have your million in pocket."
if you have 100,000 shares post r/s, $10 a share would get you a million bucks, but depending when you sell you'll owe taxes. I was saying if you wanted to pocket a million let it grow to $14 a share to cover the taxes and you have your million in pocket.
let it get to $14 and you'll cover taxes
not after you pay Uncle Sam!
if we're getting 10.35% of the I-1 well, and that well is currently producing at a 8 hour a day cycle as mason stated today. I view that as revenue for the company at some capacity.
the bottom line is WGAS has OIL!
indeed!
the longs of wgas will be hanging with tiger woods by the 2nd quarter of 2013
HUGE NEWS is coming. I've decided to beef up my position today. I don't want to miss out on these prices before this baby becomes a teenager. I've made that mistake in the past with other stocks, but I won't let that happen with WGAS!
I'm long.
you watchers better snag these .0087's while you can you'll regret it when it's back to .01 and BEYOND! WGAS!
As Charlie Sheen would say: Winning!
they better fix that leak. i need some oil. i'll drive down there with some duct tape if i have too
my personal target post r/s is $1.68. this could change depending how things go.
WGAS advertising PAYOLA makes me nervous!
LevelStock.com has been compensated on 3-13-12 twenty five hundred dollars by DMS Consulting LLC for three day profile covergae for Worthington Energy, Inc. Release of Liability: Through use of this website viewing or using you agree to hold LevelStock.com, its officers, affiliates,operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur.
http://www.pennymotion.com/penny-stock-newsletters/my-big-rich-oil-trade/
nOOb if I loose my ass you're taking me out for chicken wings and beer.
my wife was looking at the worthington site. she thinks it's a scam and i'm flushing my money down the toilet. she says the photos on the site look photoshopped and phoney. god I hope she isn't right!
I'm getting cold feet I may dump some 6s tomorrow. hook some people up.
yeah. my first big purchase price was luckily at .0052 then some in upper 5's, some 6's, 7's. i've got a chunck of shares dude.
this is a long read. looks like they had $0 revenue over the summer. Hopefully Mason will turn this around.
http://www.marketwatch.com/story/10-q-worthington-energy-inc-2012-08-20
or someone has a lot of play money. 3 million shares comes to $225k if/when wgas hits .75 post r/s. I've seen stinky pinkies that have nothing going on at .75
bobbyt is asking very good questions!
I don't have any tattoo's, but if worthington makes me a millionaire in 2013 I would consider getting one that says WGAS in a cool gothic font.
who on this board is going to the meeting oct 12?
our hopes for it are real, but time will tell, always a risk. don't take out a cash advance on your credit card for shares. :)
yeah you would noob!
positive news now would certainly be fun to see the gains, but I hope they hold off and release news/updates after the meeting to counter the r/s. let it all go down in one shot!
NITE's baiting them
slow trading day other than those two big buys. looks like mason isn't the only one who wants to drive a jaguar.
question for my fellow WGAS enthusiasts. if you are already have shares of WGAS, and you had more money available to purchase more shares of WGAS, would you go ahead and purchase them now at the current .0058 - .0065 price range, or would you wait for further press releases and this potential r/s to go through before you did so. i'm holding 1.5 mill but trying to decide if i should rack up even more now, or hold off a bit until more is known. thoughts?
are you buying at dips comma?
yeah, I'm on the fence about continuing to load at the current price which post rs would be .058. or holding off and seeing what goes down the next few weeks. my concern is with news of loans and oil production it may spike enough to where it may not fall under 5cents post rs who the heck know :)
I've NEVER had ANY luck investing in these small exploration natural gas / oil companies. I've also never invested in one that was sub pennies with positive news and flowing oil with reputable CEO that responds to posts on the company website, etc.
for some reason I have a good feeling about this stock and its potential growth. I grabbed over a million shares in the mid 5's. come on wgas!
anyone on this board planning on going to the wgas meeting in oct?
where can I see the vid?
an update from mason would be great. i jumped in today at .0052 will keep an eye on this for further buying opportunities.