Replies to post #37813 on Worthington Energy, Inc. (fka WGASQ)

[xZx]

wouldn't it be fun to be a fly on the wall? just hypothetically, imagine a conference call between ironridge, asher, and ventana group.

ventana might explain to them that they had to convert here to erase the remaining bits of convertible debt, so the $8.5M could fund.

remember, ironridge only was owed $1.1M back in 9/30/12... months ago. and there have been quite a few conversions since then.

do the math! just pull out a calculator real quick, estimate the VWAP, and add up the shares issued.

ironridge may be all out. if so... wow..!! JMHO!

and... i DO think we're at the dead bottom before liftoff. :-D

[955]

Relatively speaking, the O/S is still pretty low compared to other pinks and when others raise the O/S, they do it in grand fashion, not poco-to-poco.