Worthington Energy, Inc. (fka WGASQ)

[mdimport]

The corporate assets are worthless because they're proven uneconomic by many prior lease holders all of whom went bankrupt. Other than the WGAS shell (which should be R/S as part of the tidying up process), there's nothing worth seizing and no way for Common to have preference over debt holders.

That would leave personal bankruptcy against WGAS's directors after proving fraud in a court of law. Unless one could be relatively certain of their assets, it would costly and could become problematic for various reasons.