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No offense was taken from them, magic...
Several people on here and RB know who my source/sources are, I'd bet they took the info with more than just a grain of salt.
I took it all in good fun.
You could be right, doug/max...
Seeing how negotiations are taking place in Africa.
Word...
Finally got some hints from the source:
The Big Dog is across the pond, not EO from my understanding (Memon?). He is working on a deal that could be bigger than the JDZ (could be the EEZ, not sure). He is supposed to be back next week when we can find out more info.
That's almost word for word how it was told to me so I can't elaborate any.
That is all for now.
"Pot meet kettle", Mongo...
How many shares did you say you owned?
I'll be buying all the way down from here...
if the price keeps dropping. I have a few thousand $$$ free and am waiting/taking a chance on the price dropping even further.
I'd just love to hit one of those 10 for $1 sales, LOL!!!
I couldn't stand the low price...
so I purchased more shares yesterday.
I've been completely out of touch since the storm, Ruby...
I'll try and see what I can find out in the next few days.
I really doubt they would do a $.40 financing. They're gonna wait and see what happens in Block 1 next month before they do anything is my thoughts.
Besides, they only need money for Block 5 the last I heard. Of course, the last I heard was mid-August.
Balance, I was more lucky than you know...
I sold my house in River Ridge on Thursday August 25 and purchased my new home on the Northshore Friday August 26.
They sold the house across the street from my new home for $425,000 with a tree in it. My home had to increase in value about $100,000 over night because of the storm. Real estate is outrageous in the area currently.
Hey SH,...
Let me know what we need to do to help with the BI claims. I'd be glad to!
Good to know you're okay, also!!!
I'm back at the office for a while...
We're trying to get the servers up and running to get back to work. We are on Causeway Blvd. at the foot of the bridge. Blue roofs (tarps) everywhere!
Anybody heard from SH?
Why couldn't the price stay in the low .30s...
until next Friday when the sale of my home goes through. I was gonna rack up on that 3 for a $1 special they were having.
No way!**
To develop a real E&P company...
and retain many of their shares. The real play for ERHC is the STPEEZ. They will use the cash from the JDZ to develop the 100% blocks retaining as much percentage as they can.
I don't think you're gonna see a farm-in in the EEZ like you did in the JDZ. You may see them give up 25% and operatorship but they will keep a great majority of it for ERHC.
As for a buy-in of the company, I'd say $5 or $6 per share.
SK, he doesn't know anything...
Nobody is offering what the big boys want.
ztock, I think that was a buy signal...
You let that share price stay this low until next Friday and you will see a lot of those shares taken off the market next Friday afternoon. Specifically, by me. I'm closing on the sale of my home and I'm making a killing off it.
Balance, I think they both hold leverage...
one without the other isn't worth a popcorn fart (kinda like Mongo). PXD knows that without Offor they have no chance. I'm sure the JDA could find a way to take the award from PXD.
If Offor runs off PXD like he did XOM, a rumor may start that Offor is too difficult to work with. Offor loses NBL and PXD and he's dead meat in the patch.
ztock, you mind pointing out the blackmail?...
I don't see it anywhere in the article. Do you even know what blackmail is?
ztock, we see you know a lot about manipulation.**
LOL, you point being?...
Sounds like we have a shrewed business man running our company. Even Ole Teflon Don couldn't get away with all those accusations if they were true.
Mongo, I told you those costs will be carried...
I think we see who's flaming out.
Mongo, accept or reject...
Quit stalling! Without your explicit acceptance the wager is off.
Which begs the question...
What do I know that you don't know?
Yo, Mongo!...
We need confirmation on the loser leave Ihub wager.
I want your credibility (like you have any) to take another shot if you don't leave.
ztock, you gotta link to prove it?...
When I grow up I wanna be just like Mongo, LOL.
Mongo, most of your tripe was BS that did not...
include F/S info awhile back. Sure, you had some financial info in the tripe but for the most part it was material extraneous from the financial statements.
I'll be happy to place the wager!
Block 2 "was" the only block in the past that ERHC was "supposedly" going to have to come up with money for. Now that is looking more and more like a full carry.
"I include LOC's to guarentee performance, as part of drilling What about activating and deactivating the rig(s)..since that's not technically 'drilling' do those costs count? Insurance...is that part of drilling?"
Carried costs!
LOL, Mongo...
What part of carried to production do you not understand? You know full well that costs are subtracted from proceeds before distributions start once a well comes on line. ERHC will not have to come up with one penny as far as drilling is concerned!
"2) Money talks, BS walks."
You've been walking a loooonnnnngggggg time, son!!!!
I see you have to keep going deeper and deeper into the financial statements and footnotes for your BS on the company.
Your time is running out, Mongo!
Simple answer, Mongo...
They are not required to disclose that info currently. If they want to get really technical, they would only have to apply it to future options granted.
I don't see where SFAS 123(R) is required to be applied retroactively.
Probably is right...
but I'm just joining in on the discussion.
It was reiterated to me today...
NOBODY is offering anything the big shareholders are willing to accept for the buy-in, NOBODY!
The well gets tapped in Block 1 very shortly. After that it is all over with.
Here's another hint, Mongo...
He is an insider which is the only reason he filed the form in the first place. The act on non-public information all the time.
Why do you think they tell people to "watch what the insiders do"?
Planned, proposed, intent...
All three of those words indicate that the event may not happen.
Neither of us will be proven right or wrong in this arguement which means we are in a neutral state. Right where I intended it to be, LOL.
I'll give you I read the column/rows wrong...
but as backup for me, did you read footnotes 1 thru 4 indicating all the shares were transferred to Chrome Energy?
Bet not? Or, you did and were just trying to fool somebody.
Same nut but you still didn't crack it!
And another correction, Mongo...
The company is not responsible for filing those forms. The individual shareholders are.
Get your facts straight, son!
Correction, Mongo...
He filed a form indicating he "intended" to sell some of his shares. Maybe he thought the proposed buy-in was going to actually happen and it didn't.
Show me a link proving he did sell them. You can't.
Prove it or STFU!
The dates aren't messed up, Mongo...
If you learn how to read you will actually see that Sir Offor actually acquired those shares as indicated by the "A" in column 4.
Mongo, that tells me you definitely own ERHC shares...
Nobody in here asked for "your home phone, social security number and date of birth and your trading account number and location."
Everyone on this forum would answer yes or no to the question of whether or not they own shares. Your refusal to answer is just as good as an indictment!
For the record, yep, I own a few thousand.
Fast tracking is their obligation now...
Ain't no BS about it!
LOL, procon...
"A knowledgeable source speaking on background dismissed claims of an imminent buyout of the comapny..."
I told everybody that "weeks" ago.
SOS, Mongo...
Your "same ole $hit"....different day.
From what I hear...
sideways trading is a good thing. Supposedly, the longer it goes sideways the steeper the climb in share price.