Replies to post #46104 on Worthington Energy, Inc. (fka WGASQ)

[Montana Wildhack]

I don't dd penny stocks obsessively. The third reverse split was pretty much the end of this one for me. WGAS is just one I watch now to see how it all ends up.

Hope it goes well for you. For now, WGAS has one product and that's shares of stock. It's a stock selling company.
Everything else here is just an ongoing dialogue regarding what "might" happen or what "may" happen or what "could" happen at some future date that keeps getting pushed further and further into the future.

Hope the next promo goes well for the shareholders.

[BBQbob]

From....
SCHEDULE 13D
(Rule 13d-101)

"On June 6, 2011, the Issuer agreed to issue Volk 15,000,000 shares of common stock as a bonus for services rendered to the Company. Volk requested that 14,000,000 shares be issued to the CVRFT and 1,000,000 shares to him personally"

"Item 5. Interest in Securities of the Issuer.


As of June 17, 2011, CVFRT may be deemed to own 14,000,000 shares or 23.8% of the Issuer’s Common Stock and Volk may be deemed to own 18,000,000 shares or 29.2% of the Issuer’s Common Stock, including 3,000,000 shares of common stock issuable upon currently exercisable common stock purchase options. All percentages set forth in this Schedule 13D are calculated based on 58,715,556 shares of Common Stock outstanding as of June 17, 2011, as per the records of the transfer agent of the Issuer. The Reporting Persons have not effectuated any other transactions involving the securities of the Issuer in the last 60 days."

Maybe someone with more knowledge than I can clarify...
WGAS