Replies to post #56639 on Worthington Energy, Inc. (fka WGASQ)

[Montana Wildhack]

The intention of WGAS is to reduce the outstanding count so the PPS looks more artificially attractive to unaware new investors, while keeping the authorized at 6.4 BILLION to dilute further down the road.

Agreed, it sure seems like there are a ton more shares to be sold. But still no oil. Yep, it's a share selling company so it's important to have inventory.

[mdimport]

Ike Sutton dilution coming up. 500M to 1B dilution days are just around the corner.