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Re: hellothere2 post# 40524

Monday, 02/25/2013 2:18:49 PM

Monday, February 25, 2013 2:18:49 PM

Post# of 71458
The WGAS-Virgin Oil Connection

what do you mean virgin oil has nothing to do with worthington?

http://www.rigzone.com/news/article.asp?a_id=106712

PXTE, under CEO volk, now WGAS, under CEO volk -- we were doing a deal with montecito, wherein robert f. smith became president of PXTE, and ventana group was all set to loan $25M for the purchase of the virgin oil asset.

http://www.sec.gov/Archives/edgar/data/1342643/000109690611001362/pxte8k20110607.htm

flash forward to today and the reorg plan for virgin oil lists the current case between montecito and paxton (WGAS) in the filing with the court.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84960018

i'm not saying i know for sure what's happening, but i would think giving robert smith (montecito) the WGAS entity to put all their assets into, would not only make montecito really wealthy, but volk, and whoever else had shares, would also benefit. jmho.

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