Worthington Energy, Inc. (fka WGASQ)

[xZx]

tony mason is all about shareholder value. if he wanted loan shark financing he could get it from anyone at any price. he could have forced the split on us at 500M and changed the AS to whatever he wanted.

mason has done none of this.

if you are worried about share issuance, worry about the very distinct possibility of a major private placement for WGAS, enough cash to close d-bar, pay off convertible debt, and drill vm-179.

but as you already know, we are pre-approved for quite a lot of cash:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79191327

do we get where we're going with non-equity financing, or with major investors? frankly, i trust tony mason to pick the most shareholder friendly route.

in a private placement, you saw the numbers -- even if the OS goes to 50M from the current 32.6M, we still make out like bandits.

1500 boepd becomes a 110 bagger from here.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81126628

i've outlined the road map for all to see:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81126802

thanks for the motivation to clarify this. i'm loving the busy board today. it's a very lively and engaging discussion. WGASD is going to be a hell of a ride north!