Replies to post #43616 on Worthington Energy, Inc. (fka WGASQ)

[AUDACIOUSWON]

Volk said in our last PR:
"I am pleased to report that we received a commitment letter for an $8.5 million term loan from Ventana Group LLC," stated Mr. Charles F. Volk, Chairman of the Board and recently reappointed CEO and President of Worthington Energy, Inc. "As the terms of the commitment explain, this credit facility is dedicated to developing the VM179 lease and meeting all of Worthington's related financial commitments."

Definitely a lot of action this week. Millions of shares in T-trades for many consecutive days and then a nice run today on low volume, possibly in anticipation of news next week.

JMO

[Fureal]

Be very careful investing with Charlie Volk! Read the posts from both posters citing both sides of the argument here. Make you own call. Read the past 3 10Q reports. Understand why they are in litigation, why the have cash, why dilution is nonstop, the timing of the Commitment letter in regards to the former CEO and board resignations... VM has potential , will it ever happen? No one knows...