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01/10/13 7:33 AM

#27651 RE: blindman28 #27644

Did you see yesterday's posts? WGAS has a new IR firm. Two of us contacted them. They're called Surety Financial out of Maryland. They said now that the pipeline is fixed WGAS will be using the revenues to pay the convertible debt which means debt holders won't be able to use shares to run down the shareprice like they have been. They said we started generating revenues again this past Monday. Don't know when debt holders will get their last tranches, but there is an end in sight to the debt conversion which is a factor in the SP drop. For now we need lots of buys to soak up the shares in order to keep the price from falling. The firm said debt converters would have been paid sooner with the revenues if it hadn't been for the pipe breakdown. Hopefully this dilution thing ends real soon, and the SP begins its climb back up. This is good news for the SP, but it may take a while to be over with. Notice how the SP began to climb for about a week before yesterday... the OS remained the same during that time, so likely no debt conversions were occurring, which is why IMO the price began to climb.