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This may have been a sick dog for years but he is still in the hunt! When he starts howling watch all the investors come running to get in on the action.
I hope I am alive long enough to be able to remember I still have the stock!
Yep. This smells like a pump and dump simular to PBLS which hosed quite a few ERHE investors also. A lot of good people got burned big time on that stock. Hope nobody here gets tempted to go chase that snipe hunt.
I just hope the landscape changes before I fail to wake up!
I sure hope they are not planning on selling out for $1. After almost 10 years of waiting I was looking for a much higher payout.
unless the idea was to instill confidence in the investing community at the time when the share price was flailing. It may have been designed to bolster the sp by showing they have confidence the sp will go up to the vesting point.
I wouldn't know about that.
Someone posted an article recently stating Chrome Group is wanting to increase its business within it's own group. It even mentioned ERHE. I am thinking they are the one's backing ERHE and not SNP. We have no proof SNP is helping us in any way. Just a lot of speculation (which is rampant here). Offor has a lot of influence and I think Chad and Kenya are riding that coattail as well.
I'm thinking it has more to do with the Chrome Group than SNP.
But the shorts were just being short sighted. Guess they took it in the shorts and quit shorting. That could be the short and the long of it. We will hear shortly.
no, he's just long in the tooth! LOL And that is the long and short of it!
We've heard this type of hype before on the JDZ. Something to the tune of 14 billion barrels etc.......
I would do an LOL but you may not be kidding! But I hear you!
Instead of my computer screaming I am the one screaming at it!
he said they will announce in a few weeks or months which really means years!
It was probably used to trade for 10,000 shares of prefered stock! Or PN was trying to introduce them to a good ole Texas Goat Rope!
closeology is just another of the long list of vexing terms this company has managed to cloud our senses with all these years!
I think they are playing more like "pull my finger!" than pull the curtain.
I did not know Anadarko had block 3.
"After signing a letter of intent, the parties usually issue a joint press release announcing the event. This is usually to provoke a positive reaction in the stock market to the news and some times to send a message to competitors in the marketplace.
Commitment to a Time Line: An LOI will set forth a time line for negotiations, including a deadline for closing the deal and what will occur if the parties fail to meet the deadline."
I guess our LOI isn't typical! Imagine that.
Yikes! School flashbacks that weren't drug induced! LOL I still have dreams of not remembering my locker combination!
To be humble is nice. To be humble and right is great!
I never thought I would see green at .055. Disgusting to say the least.
no one can afford to sell at these prices! Even the people that took part in the placement will lose money if they try to sell those shares. The only ones selling are the ones that are willing to take the loss and walk away.
That is what I call an understatement! No wonder they were chatting up other ways to raise the money so quickly! They knew Offor was not going to participate so were looking for a way to save face. I knew there was a reason Offor did not outright say he was going to buy the offering. He just said he supported the offering. What a joke. These guys take word play to a whole new level.
So the company only raised $1.8 million on the rights offering? A lonnnnnnnng way from $18 million. Looks like Offer did not support the deal financially just in theory! Hope the bottom does not fall out from under us.
To my recollection (a muddled thing at best) Offor has filed a form 4 in the past when there was some shares added. Someone with search feature probably can find it. I believe it was when he loaned the company money and took more shares as payment.
I think the guys with the rose colored glasses are starting to look for new glasses that are clear! I don't believe anybody can say they are not getting a little nervous with the companies silence on the offering and lack of form 4's. The silence is getting deafening. Is it making a statement? Did the subscribers get duped into throwing more money into the money pit? it has been a long 8 years of obfuscation for me on this stock.
You can wake up now!
Ditto!
LOL. I wonder if PN consults Funk and Wagoner before he makes a statement? Obfuscation is his middle name.
1. Being of a number more than two or three but not many: several miles away.
I think we are way past "several days"!
I think they are using the same timetable they used for the AIM listing! I think they need a new transfer agent if it takes 30 days to complete the offering.
LOL. Glad to see you still have a sense of humor. My sense of humor has shriveled up with age! If I was an artist I would draw a picture of an emaciated donkey painfully plodding along chasing the shriveled up carrot.
He must be Jeff "The Kingmaker" Shrulls cousin!
roflmao
Many of us have already reached the petrified state! LOL
Isn't it amazing that a reporter has found out that Sinopec has left the JDZ but our company has not?
In this day of wire transfers etc I highly doubt it was to give time for the money to be transfered. Were they expecting the money to go via carrier pigeon? I think they did not get all they needed and are trying to get more.
LOL you may be right! Maybe they should offer free cocktails to those that will stay for the presentation!