Worthington Energy, Inc. (fka WGASQ)

[molecularcd]

Interesting read Blindman.

This is rather what xzx has been suggesting for months, minus the possibility of manipulation by naked shorting.

From your link:

(the "toxic lender" is) alleged to enter into toxic convertible financing agreements with the then-present intent to surreptitiously use short sales and naked short sales to manipulate the value of the company's stock by driving the price downward, and to then acquire a majority position in the company upon the conversion of the investor's preferred securities to common stock. Hyperdynamics is just one of many companies who has sued Southridge for destroying its business.”

Remains to be seen if Mason can get out from under Ironridge's half-Nelson, and while Ironridge may be limited to 5 or 10% of the OS we can bet our bottom dollars they'll maintain that at the lowest possible price.