Worthington Energy, Inc. (fka WGASQ)

[Freddybaby]

PS: As I understand it, some argue that the OS going up is due to debt holders converting debt, which as I understand it would get it off of our books but possibly hurt the share price a bit? Yet it would help the share price in that the debt coming off of our books would look really good?

And as I further have come to understand, the debt holders end up with restricted shares which are part of the O/S but NOT of the float, yet? Am I getting this right at all?

One more question: If the PR says the terms are agreed to by all parties- that would have to mean that they worked out some kind of a settlement on VM, yeah? As in, the VM179 being settled would be one of the terms of the loan funding? No one seems to be able to find anything on an actual docket or set for a date but there IS a case number..