Replies to post #40165 on Worthington Energy, Inc. (fka WGASQ)

[Atlanta1]

that is pure bunk.

Who the heck knows how much has been paid off, or how much new toxic convertible debt has been added?????

conversions are not the only way that o/s can rise.

the company has no cash flow from operations, so where are they getting the funds to keep the lights on, the lawyers paid, and IR doing their fine job?

Who knows how many new, dilutive shares have been issued in lieu of cash payments to vendors for services, or employees/officers in lieu of cash salaries?

ROFLMFAO

[hellothere2]

There is a good one one owner. One take on profit maybe that's y tony mason left. why pay out. really the whole thing did not make sense drill a well then leave. And worthington is still paying tony. Gave him mustang island back. tony even seemed cool on a late payment. So really what the hell?