Worthington Energy, Inc. (fka WGASQ)

[molecularcd]

Strange no one's mentioned this here lately

but then maybe those posts have been "edited out"

Asher is permitted to convert, starting on September 1, 2012,
the outstanding principal and accrued interest on the Asher Debenture
into shares of Common Stock at a conversion price per share equal
to fifty percent (50%) of the average of the three (3) lowest closing
bid prices of the Common Stock during the 10 trading days immediately
preceding the conversion date.
 
The WH Debenture matures on September 2, 2012 (the “WH Maturity Date”)
and bears interest at the annual rate of 8%.  The Company is not required
to make any payments until the WH Maturity Date. WH LLC is permitted to
convert the outstanding principal and accrued interest on the WH
Debenture into Common Stock at a conversion price per share equal to
fifty percent (50%) of the average of the three (3) lowest closing bid
prices of the Common Stock during the 10 trading days immediately
preceding the conversion date.