ERHC Energy Inc (ERHE)

[ssc]

LOL. But it's okay when they support the manipulators that try to move the price up, right? Things like the big jane rumors and flood of kaboom posts that resulted in a 10-fold increase in share price before reality quickly regained control and the stock plummeted back to where it belonged. How about allowing the attempted cover up of the transfer agent being gagged, some posts even calling for lawsuits against the t/a all in complete contradiction of the truth. Or going back even further to the days when people argued for years that ERHC had found proven oil in the JDZ which was another attempt to inflate the stock price and went on for years. IHUB even allowed someone to change their name to ERHCHASPROVEN so the attempt at manipulation could be restated with every post. Of course the truth won out and the stock continued its downward trajectory.

Face the truth, the company is broke, they are in debt to the IRS, the primary source of funding is toxic debt. Why wouldn't the stock be priced at 5 cents? Look at all the work and costs that await ERHC even if this well is successful. Clearly they can't afford to stay in the game so your suggestion of a buyout is the most likely positive outcome. But in their position of weakness, .50 to $1 would be pennies from heaven.