Replies to post #19490 on Worthington Energy, Inc. (fka WGASQ)

[xZx]

tony mason is all about shareholder value. if he wanted loan shark financing he could get it from anyone at any price. he could have forced the split on us at 500M and changed the AS to whatever he wanted.

mason has done none of this.

if you are worried about share issuance, worry about the very distinct possibility of a major private placement for WGAS, enough cash to close d-bar, pay off convertible debt, and drill vm-179.

but as you already know, we are pre-approved for quite a lot of cash:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79191327

do we get where we're going with non-equity financing, or with major investors? frankly, i trust tony mason to pick the most shareholder friendly route.

in a private placement, you saw the numbers -- even if the OS goes to 50M from the current 32.6M, we still make out like bandits.

1500 boepd becomes a 110 bagger from here.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81126628

i've outlined the road map for all to see:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81126802

thanks for the motivation to clarify this. i'm loving the busy board today. it's a very lively and engaging discussion. WGASD is going to be a hell of a ride north!

[RicFlair]

Mason knew long term shareholders would pass the r/s. He also knew shareholders WOULD NOT vote to increase the a/s. The votes were counted and everything is ROCK SOLID. I feel GREAT about my investment in WGASD.

As everyone knows, Mustang Island is CONFIRMED for 24 hour unmanned oil production with an even bigger production level than estimated on just a 6-choke. Mustang Island is going to generate a lot of revenue for Worthington and this is just the first well. Tony Mason is just getting started.

I can't wait to purchase more shares Monday morning. I just hope the pps stays low long enough to grab a few more, but I doubt that will happen. A lot of eyes are on this stock. We had MILLION SHARE orders on the bid last Thursday. Those buyers will return Monday. These shares will be hard to come by as bulls have snagged them up and are holding strong. Sideliners and bears will not get ANY of my shares. I'm WGASD long and strong.

I invite new comers check out the company website. Read the SEC filings. Read about the CEO. Worthington Energy is a good buy! This company has many great things coming down the pipeline! I can't wait until next week.




"As a fellow shareholder, I want to maximize return for all shareholders"
Tony Mason - CEO September 4, 2012