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Pretty much sums up in detail the present situation. As a longtime Erhe shareholder I feel the odds have changed dramatically in our favor. We are waiting on news, such as the news Shell just came out with on EEZ blks10,11 and 13. Huge news on EEZ blk4 is coming. The other shoe is about to fall and crush those that bet heavily for bankruptcy, sec delisting and failure of this company.
We can plainly see and read from the 400 pages encapsulating the 3 plus year litigation brought against Erhe on 2 continents by Kosmos energy concerning EEZ block 4 a few major points. Erhe won the rights to EEZ blk4 . Erhe made a deal for block 4 with Total Fina that is documented in those 400 pages of legal documents. The details of that SIGNED DEAL were redacted due to a judges court ordered gag during the litigation . After great expense andmillions of dollars for attorneys fees and costly litigation of which was worth more than the entire market cap of Erhe at the time there is NO WAY Total Fina or Erhe let this block go. With the recent news of Shell’s new activity in 3 EEZ blocks bringing in and partnering with Petrobras this also tells us that Shell’s Jaca1 in EEZ blk4 was a success and that the EEZ in general is alive and well. So in conclusion I like our chances for success and the odds have shifted in favor of Erhe longtime shareholders!!!
Agree. At this point it’s just time to sit back and watch the implosion of the chief short seller and his minions he has tricked into betting that Erhe would be delisted by the SEC and go bankrupt of which neither happened or will ! With the renewed activity in the EEZ by Shell bringing in Petrobras in 3 EEZ blocks, this tells us Jaca1 was successful in blk6. Erhe’s blk 4 will probably be the next news announced . The desperation is evident in the chief short sellers responses as he squirms and lies about being a social justice truth warrior and continues to be obsessed with Dickran LOL
Serious activity in the EEZ = serious increase in stock price when blk4 news is announced.
Great observation Krom. Pieces of the puzzle coming together!
No worries my friend it’s all good.
NDT Erhe’s latest 8k addresses this.
ND9 Erhe’s latest 8k addresses this.
I’ll respond to the Chief Erhe’s Shorters post. The Chief Erhe Shorter describes this news as generalized hype - The most recent news that Shell is bringing in Petrobras partnering in three EEZ blocks all in the vicinity of Erhe’s blk 4 . This is STRONG PROOF that Shell’s Jaca 1 wildcat in EEZ blk6 was a huge success. The same Jaca1 wildcat that conservative Galp energy called one of their 2 DIAMOND finds the other being a HUGE BILLION BARREL find just south of the EEZ. This obviously makes Erhe’s EEZ blk 4 a valuable blk. This great news according to Erhe’s Chief Shorter is classified as “ generalized hype .
What happened to your 5 D’s bull shit rhetoric.
Erhe’s Chief shorter once again practices one of his 6 D’s. Deflection- not staying on point of what the chief shorter said - If only a few others had the courage and integrity to see the failure of the stock price. This is obviously a scare tactic attempt to try and get longs ( a few others) to sell. Why? So the chief shorter can cover his short position of course. But as I mentioned in my post and it was ignored and deflected by the chief shorters response Shell and Petrobras recent entry in three blocks of the EEZ proves that Shell’s Jaca1 wildcat was a success as Galp energy called it one of their 2 Diamond finds the other a HUGE billion barrel find. So Erhe’s blk4 can’t be far behind and that would affect the stock price immensely. But Erhe’s chief shorter doesn’t want to acknowledge this great news because Erhe’s chief shorter knows this will soon change the stock price and that would be disastrous for Erhe’s chief shorter.
So you say you stand by the truth of the share price, if only a FEW OTHERS had the courage and integrity to do the same. It’s SO OBVIOUS what you’re desperately hoping for. That those FEW OTHERS will get discouraged and sell their stock so you can cover your short position. No one is going to though . Why? Shell just announced that they are bringing Petrobras in with them in 3 new EEZ blocks . This tells us Jaca1 in EEZ blk6 had to have been successful. Galp energy called it (Jaca1) one of their 2 Diamond finds along with Total and Shells recent huge find in the area. Erhe’s blk4 could be the next one we hear about and that could change the stock price dramatically. So you see longtime shareholders are excited about these recent developments and aren’t affected by your half ass scare tactics Mr Chief Shorter
LMAO!! 6 D’s of the chief shorter. Dodge, Duck, Dip, Deflect, DumbAss and Done!!
The 5 D’s of the chief shorter. Dodge, Duck, Dip Deflect and Dumb Ass. Patches O’Houlihan. lol
True that.
Yuck, another embarrassing manifesto add nauseam with your constant obsession with Dickran.. As soon as I got to the second word Dickran I quit reading as probably most here did also. 2024 resolution, put you on ignore. Goodbye
The emails fron STP relate to tax enforcement no 47/2018. Anything having to to with tax issues on blk11 is mere speculation
That’s exactly what I was saying. But the list had it 10% instead of the 1 % so it’s off
So mr eggplant you’re saying that back before the stock split in 2016 there was 750 million outstanding shares. Adding up all the pre split shares on that list comes to 785 million outstanding shares but it doesn’t take into account the 49 % that all of us owned back then so that would have been 1.5 billion pre split shares in 04-05. Looks like you need to figure out your math skills mr eggplant
The split adjustment was 100 to 1 not 100 to 10. So their amount should be 10 percent less after the stock split. Also back in 04 and 05 there was wasn’t anywhere near a billion shares then more like 30 MILLION OUTSTANDING and there wasn’t any stock split till 2016. So when it says Offor owning 930 million slit adjusted shares that wouldn’t have been a possibility in 04-05. It has to mean the present share count
Sorry you are wrong again. It says split adjusted shares as proof by Kroms Split adjusted 399 million shares
EMEKA OFFOR 1 Billion shares documented with the SEC!
Your obsession with Dickran has become plethoric. You are about to be taught a lesson in humility.
He was responding to Kingpindg post but he thought he was posting to you. He’s lost his mind.
Erhe never had to pay any signature bonus money on any blocks in the EEZ. Everyone else had to. STP never liked the sweetheart deal Erhe originally received and after SEO bought Erhe he renegotiated the original deal Erhe had with the STP to make it more favorable for them. Possibly the STP is trying to get what they feel is their cut from Erhe for a signature bonus they felt owed .
Agree, no one would spend that amount of energy, time and effort without having a financial stake in the outcome of this company. I think we can ALL agree on that.
IMO with the recent news as of yesterday that Petrobras and Shell have formed a consortium involving 3 blocks in the EEZ we should expect news soon concerning Erhe’s Blk 4 100% interests in the EEZ. Seems to be the only piece of the puzzle left. Jaca1 in blk 6 must have been a diamond find as Galp energy described it .
Blk 4 can’t be far behind
Wonder what the terms where for those percentages Petrobras bought from Shell to form a consortium with them in the EEZ.
Could be the KO punch.
Will call tomorrow Tuesday morning along with others.
Hahahahaha
Agree it’s unsustainable! Their only hope is bankruptcy and it’s not going to happen!!
The definition of a discredited phony horses ass - someone who posts on an Erhe Ihub board 24/7 for years claiming to have 0 financial interests in the company and Oh that would be you ssc
Great explanation thank you.
We have a group of investors that own almost 2 billion of the 3 billion outstanding shares and we feel confident that SEO owns more than that. It seems evident that at least a billion or more shares have been shorted. So all of us have resolved to hold our shares and create a game stop type of short squeeze. We have the leverage so you can just jump on the short squeeze train my friend.
How many shares do you own?
It means your not smart to sell for a penny when all of us ( 70 longs) are holding out for dollars per share
LMAO. Reliable Source? More Bull Shit.
LOL, no one is perfect only our Lord