Replies to post #42365 on Worthington Energy, Inc. (fka WGASQ)

[Belgianshareholder]

How much debt has been paid off so far?

[AUDACIOUSWON]

OS too low for a RS. So I don't know why you'd say it's coming...

[ezillionaire]

By DEFINITION a reverse split is a process by a company of issuing to each shareholder in that company a smaller number of new shares in proportion to that shareholder's original shares.In other words, The reduction in the number of issued shares. let's say RS is a good thing lol

http://en.wikipedia.org/wiki/Reverse_stock_split

[longhorn4lif]

wrong again....r/s happened due to debt owed vs the the remaining a/s.......a majority of the ebt has been paid now and we still have tons of room in the a/s........so we had to r/s last time at 300 million shares at the debt load we were then.......with all the debt that has been paid now we wouldnt need a r/s until alot more then 300 million which we are no where near......