We have had a ton of big T-trades at WGAS for weeks. This is a good sign someone has loaded the boat. We have seen alot of dilution at WGAS the last year or so, which has brought this down significantly. We have finally formed a nice bottom IMO.
My prediction is that the VM-179 litigation has to end before WGAS can get the $8.5 million loan, which will in turn be used to payoff our toxic debtholders. VM-179 is the leverage we need for the big loan. We will hopefully find out tomorrow!
If WGAS manages to payoff its debt, get VM-179, and get possibly get further acquisitions/mergers ( around 20 mil in new restricted shares issued recently), this could end up making a huge run!
Look at the run from OEDV - Volk's old company. I'd love to see a similar run with WGAS here.
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