Replies to post #71327 on Worthington Energy, Inc. (fka WGASQ)

[JRT]

What a pitiful mess.

[mdimport]

As I said: Everyone can take large haircuts (90c on the dollar and convert to equity) or lose 100% of their investment.

"Good" news is it can't get worse for Common shareholders until the next R/S -- which all parties will have to participate in.

I believe if the parties can work together, then everyone can benefit and this R/S would be the true bottom for WGAS.

Nothing for anyone to do between now and terms being made public. Wouldn't recommend even a $0.000001 buy, and certainly no chance to sell.