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Replies to post #14873 on Worthington Energy, Inc. (fka WGASQ)

Replies to #14873 on Worthington Energy, Inc. (fka WGASQ)
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JPaqUSC

10/04/12 11:55 AM

#14874 RE: xZx #14873

Well stated. Hopefully this kind of logic helps end all the R/S paranoia. Lots to be excited about in the coming months...and by Christmas this board will be one heck of a celebratory place.
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br0ke-n00b

10/04/12 11:57 AM

#14875 RE: xZx #14873

work of beauty :-)
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AUDACIOUSWON

10/04/12 1:07 PM

#14907 RE: xZx #14873

Nice post. This is not a typical approach to a R/S by WGAS. I believe they have investors interests in mind. That's why I voted in favor.


From: http://wenergyinc.com/investor-relations/strategy/


Drive Bottom-Line Profit

Focus on EBITDA
Control costs
Deliver strong return to shareholders




More positives of the R/S I don't believe have been mentioned: It will make us much more appealing to institutional investors (especially when we already have revenue/profit). Also, it will reduce the number of shareholders, taking out the penny flippers as well.