Worthington Energy, Inc. (fka WGASQ)

[xZx]

agreed, earlier today when i read this post i had to laugh:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83796293

to say a company is a "scam" because it uses convertible financing is ridiculous imo. that's the ONLY financing available to most companies down here, because higher quality financing is reserved for

COMPANIES WITH REVENUES. WITH CASH FLOW.

and that's what worthington energy is now. a company capable of $1M in revenues a year, or possibly even more.

convertible debt cannot convert if timely payments are made against debt. as long as we do that, there will be no more conversions.