Smitter posted this on another message board....
IMO a solid analysis/estimate of what's going on....

So lemme get this straight.

WOGI has never done a Reverse Split..

They did a Forward Split back in 2012

They have 2.1 bill Restricted that are a Control Block and cannot be sold.

They have a Float of 101 Million Shares

And your talking about dilution?

If your talking about the 2 Bill issues to Hall as dilution then you would be correct from a Outstanding Standpoint but not a true Float standpoint.

So today’s filings intrigues me considering the company came back to life 6 months ago with getting back current in Fla and catching up on filings. It seems more may be going on then we know or think.

Everything I have looked at so far points to the Peru project moving forward and Hall stepping down makes sense and appointing a CEO that lives in Peru potentially on top of the project is a great sign. Especially since Oil has been entering a Bull Market atm.

Curious to say the least. The float at 100 mill down at .0015-.002 imo is worth the risk to see what happens.

Just my opinion as well.

Good Luck.

Regards

Smitter