Apparently the court case didn't go so well. But, WGAS has gone through all the pink steps; startup, sell stock, reverse split, new story, sell stock, reverse split, new story and management, reverse split, new management is dirt, reverse split, sell stock, court battle, rumors of merger, death. It's in death mode now, I guess. Next will be new name, new story, start over. Oh, and the most important, collect money up front from toxic guys each time the story changes a little and put out some PR's to keep the public interested then blame the toxic guys because the terms of conversion that were agreed to in advance were so harmful to the company.
But, the question is who was harmed? The company that got the money up front after signing the most toxic of conversion deals imaginable, no the company got millions of dollars for doing nothing. I know, it was the people who were convinced that this was going to make them rich.
WGAS is a stock selling company. and a very successful one. All IMO, of course.
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