Replies to post #9274 on Worthington Energy, Inc. (fka WGASQ)

[TheFinalCD]

I hope to God that Tony has the intention to issue a statement explaining the intricacies of this maneuver so all the amateur speculation can be put to rest.

please let me know if he does

TIA

[onemorecomma]

I am a significant position as well (in my own mind).

In the shortest of terms it looks bad - if NOTHING ELSE HAS CHANGED.

Revenue changes the entire world for us. Which these guys know is coming.

Additional available shares allows us to use those to fund future exploration (just like REITS issue shares to buy more rentable properities).

DON'T PANIC SELL... if you can avoid this you'll be rewarded.

I am sure Tony has a message to the owners of this company that will help to explain these moves and how they fit into the long term strategy for WGAS.

When is this vote due?? I haven't gotten a proxy card yet?

[ysung]

Wouldn't they issue shars upto 1 bil
first and do the R/S in that order ?

I do believe issuing more shares are tied
to financing deal which I have seen
many times

[TheFinalCD]

what do you think= http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79162274

[xZx]

i hope he doesn't, precisely for the opposite reason:

I hope to God that Tony has the intention to issue a statement explaining the intricacies of this maneuver so all the amateur speculation can be put to rest.

draining the swamp of indignant flippers (and by this i mean those who are upset they need to wait a few days longer to get rich) would probably make our chart a lot healthier. don't you think?