Worthington Energy, Inc. (fka WGASQ)

[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It has been revoked for over 2 years since 2015.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.