DD Support Board and Research Team

[nodummy]

WGAS - I think a lot of the things you are trying to assume are difficult to prove. I don't really know why it would have taken anybody any more effort than looking at the financial statements and the price history of WGAS to just keep on walking and never bother to mess around with the stock.

Yes it is possible that Volk has some kind of kickback arrangement with the toxic lenders. We see stories about undercover FBI stings busting kickback schemes all the time. Since the ticker only existed for the toxic lenders to sell shares over the past 3 years it wouldn't really surprise me, but that cannot be stated as fact.

Yes it is possible that Volk had offshore accounts to participate in some kind of money laundering scheme, but hard to prove as fact without seeing the TA records and the trading records.

There was a time back in 2013 that you'd see market makers and promoters apply to have a paid promotion ticker listed on the Berlin exchange having something to do with settling short positions and the clearing of DVP accounts in the United States, but I'm pretty sure that the Berlin Exchange put a ban on new OTC tickers being listed on the Berlin exchange any more starting in late 2013 or early 2014. I have seen other tickers being hammered down by dilution also have individuals show up on those forums trying to blame shorts and some Berlin listing for the problems, but for tickers trading in the $.000s and $.00s this isn't even a realistic assumption in my opinion.

I think what you have going on there is that Worthington Energy Inc got listed on the Berlin Exchange back in 2013 or earlier and had been on the exchange since that time. Maybe at one time when the stock was trading at a higher price it had some kind of paid promotion and there really was some evil short thing going on back in 2013 or earlier, but just because it was still listed on the Berlin Exchange in April of 2014 doesn't mean that there was some crazy short stuff going on with the ticker while it was falling down through the $.000s. By April of 2014 the only thing going on with WGAS was that the toxic lenders were dumping stock at a ridiculous speed and there was no where near enough people to sucker into buying the stock using the promises that the company was nearly debt free or that that big things were in the pipe works to keep the price from dropping with all the dilution going on.

Let me give you an example. I saw people blaming the ugly price drop of XUII on some Berlin Exchange listing as recently as August of 2014. The fact is that XUII was added to the Berlin exchange right before it got promoted by Awesome Penny Stocks in 2013 and was still listed there in August of 2014. That doesn't mean that the listing had any purpose any more or any effect on the share price in August of 2014. XUII was another ticker getting dumped on by toxic financiers faster than new buyers could be found to take their shares.

I checked the Berlin Exchange and I couldn't even find a listing for Worthington Energy Inc. to check to see when it was first added to the exchange.

http://www.boerse-berlin.com/index.php

I did check the WGAS IHUB forum and they were talking about the Berlin listing on February 14, 2013.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84573946

On February 8, 2013, WGAS started getting a big pump and ran from $.009 to $.039/share The ticker being added to the Berlin exchange during this exact time might have had some relevance then, but I think that assuming that the listed had an relevance still in April or May or June or July of 2014 probably isn't accurate. The ticker was trading in the $.000s during this time and nothing was going on but ugly dilution.

Usually the time you see the dirtiest tickers do the most press releases and make the most promises is when the insiders are dumping the most amount of stock. They know that if somebody isn't there to buy the stock then the price will fall even faster. I never could understand why people think that a penny stock CEO is somebody you can trust or that a penny stock company is trying to do good things for the retail shareholders. It is never about the retail shareholders. The only reason a penny stock like WGAS even pays attention to the retail shareholders is because they need somebody to buy the stock that the insiders are dumping. It is a lot like the message board pumper that pretends they exist to make money for their followers. Fact is that they only need followers so they have somebody to sell their shares to for a profit.

The toxic debt wasn't a tiny fraction of the problem. It was the main problem. 3,071,000,000 of the 3,130,000,000 shares outstanding as of September 4, 2014 were dumped into the market by the toxic lenders. That is over 98% of the outstanding share count was caused by Toxic lenders being issued free trading stock to dump into the market. 98% is not a tiny fraction. That is nearly the entire problem.

I wasn't following the WGAS message board while the price was falling from dilution. That's good if there weren't a bunch of posters there trying to pump the stock and that more people were there warning people to stay away.