Replies to post #9480 on Worthington Energy, Inc. (fka WGASQ)

[Deepthroat179]

Thank you. I'm not dating that this is a guarantee in this case; just possible. Clearly, intent has to be spelled out by TM and some sort of shareholder reassurance campaign needs to be initiated.

[Long-vestor]

As I said,, by special amendment,, decrease is possible BUT,
And triple that BUTT!! ,, they want to DOUBLE it, zero plans on decreasing, I don't understand except by delusion, Not personally against you. That anybody could possible contrive anything otherwise!!
However, that the insiders don't, or do not appear to have a quorum of the vote,, it's not likely shareholders would allow a double of the authorized at this time..
not the floating commons at least..
depending on how many are exactly out there.

BUT!! and you can quadruple this butt!.. But, as stated in the files, they do NOT have enough share to satisfy a current dept. and its convertible discount where around PPS at .007 was calculated,, they would have to issue 'about' 985 million shares..
if that debt holder intends to convert, and has a vote in this, obviously they'd want, need a R/S and quite possibly double the authorized, to recapitalize the share bank..


yeah, I can not believe yawl who ,, and not directed to you either, but so many here, have'n't even to bother this tiny little problem of not having enough share, do the the PPS being beat down to death, to convert this debt holders shares.

as I recall would convert to some 985 million, or there about, including their discount and continuing intrest. and now with a R/S pending,, they'd enable this, and the oustanding would increase to 126 million,, they'd still have plenty share going forward, but 1,000,000,000 athorized?? why??

So many people "Invest" but fail to actually realize, capitalize the fundamentals..