Worthington Energy, Inc. (fka WGASQ)

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They will likely have to take paycuts or defer pay to make this thing work. Revenues from MI pretty much equal their yearly salaries. If all the debts were paid off at the current SP,the OS would be nearly maxed out, and there would be little left for acquisitions. IMO if they don't take paycuts they won't get financing. To keep this thing going IMO they have four options: 1.Salary pay cuts or deferrments, 2. Obtain financing, 3. sell assets, or, 4. merge/partner with someone. They have to do at least one of these things IMO to progress, or shareholder value remains stagnant for a long time.