Worthington Energy, Inc. (fka WGASQ)

[Montana Wildhack]

No new shares issued from the Transfer agent to the brokerages in order to convert existing bag holder's 10 shares to 1 share. You would think that, after all these months, the company would issue some shares so these folks that are stuck here at least have some options.

I think the rules state that the new shares must be made available to the TA and then to the brokerages in a "reasonable" amount of time. I guess a company that thinks 4 reverse splits is reasonable also thinks that months and months to settle is reasonable as well. Meanwhile, I wonder how many unregistered shares have hit the market?

IMO of course.