ERHC Energy Inc (ERHE)

[midtieroil]

How exciting. Two new ERHC myths have been born. But can they stack up with things like delusion insurance? That is the one that claims if you keep throwing even more money at ERHC starting at 7.5 cents, watch it go down to .0001, buy even more ERHC, watch a 1:100 reverse split, buy even more stock, watch ERHC go back to .0001 and then still keep buying more ERHC stock there isn't any dilution and you can't possibly lose money because the delusion insurance purchases keeps your ownership percentage the same so you simply can't lose. That is still my favorite.

But the fake, supposedly nontoxic ERHC debt that first resulted in about 2,250,000,000 shares being issued, then resulted in a 1:100 reverse split, then resulted in a presplit equivalent of almost 300,000,000,000 shares being issued, wasn't really toxic at all. That's a close second.

We also have the classic low oil prices can't possibly effect ERHC at all myth.

The $50 million signature bonus myth for the EEZ and Kenya was a good one too. Never happened. Neither did Kaboom.

Now for the new ones. The debt vaporization myth. If you don't pay your debts, they just vaporize and go away with no consequences.

And now the additional interest being charged on delinquent debt is actually financing ERHC and is great news myth. That's a good one too.

It's hard to tell where these new myths will stack up compared
to the Whoppers of yore, but we have to add them to the list and will wait and see.