Worthington Energy, Inc. (fka WGASQ)

[Fureal]

Nothing WGAS has ever released, PR'd or otherwise any indication that there is a merger happening or underway. it was apparanetly a dream from the past company Paxton. Not only that, there is ZERO money for Volk to use unless he issues the rest of the authorized shares for cash. There is also a huge amount of debt WGAS is holding which is getting paid down by coverting sahres for dollars... merger would make no sense. Volk would be better off selling the VM "asset"(I use the term loosely) to one of his other shells. That won't happen until the litigation is settled. Who would want to merge with WGAS anyways? It can barely survive or pay its own phone bills let alone develop an oil well. Why would WGAS assume the $44MM in debt that Virgin has? There is way too much baggage around a merger between either of these companies. Montecito wants nothing to do with Volk otherwise there would be a settlement after 2 years of their bickering. Volk won't even mention the Paxton/Montecito litigation and he never has spoke of it other it being listed in a tiny line item on the financial reports.