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It might be helpful if they would release their PRs for wide distribution. They had done it for a couple of PRs a few months ago but have now gone back to only releasing news on OTC Markets.
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1/15/2016; scroll to the bottom and click on “Spilts”.
https://www.otcmarkets.com/stock/ERHE/security
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The post, presumably, came from someone associated with Tri Cascade but I doubt that it was Max that typed it out. So, no, there is no link to Max directly stating that 4800 units were received that I am aware of.
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Not completely made up, since it came from this, unofficial, company related Instagram account post.
https://www.instagram.com/p/Cs89zLArBCK/
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in the recent video I saw he clearly says at the beginning, “Hi, this is Jerome Riordan from Tri Cascade.”
Also, although he was mentioned in previous filings, because he is not a C-level executive or Director there was not, and is not, a requirement that he has to be named.
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Sorry, gotta do it.
Link, please, to an ERHC 8K stating they won against Kosmos with finality.
Thanks.
Sorry, BFS, but I have no expertise in that area so wouldn’t even be able to make a semi-educated guess.
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Currently, as far as we know, they will lose their rights to EEZ Block 4 in October 2024 if they are not in production on the block by then. That is, if they don't lose their rights sooner for non-payment of taxes/fees owed, as the recent AEI article pointed out.
Not sure about the JDZ blocks.
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That would be great! But, could we find out in my lifetime, please?
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Yep. The Tri Cascade modules have been on there for a while now, I believe.
I can get to this similar page but you'll have to scroll down on the "Devices" because you cannot (or at least I cannot) get to TriCascade in the "Manufacturer" list.
This page also only has one Tri Cascade module vs. two at the other link.
https://wholesale.t-mobile.com/iot/modules-chipsets-devices/
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Still there. Still no evidence one unit has been sold.
Choose "Device", then filter for Manufacturer "TriCascade".
https://www.t-mobile.com/business/solutions/iot/device-certification
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jsc, in case you have not been following the discussion closely, please be aware that the first two statements in the previous post have not been established as fact. The first is based on hearsay, and the second on speculation.
The third statement is true and correct.
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Guess they didn't have the necessary "evidence" to qualify for the Production stage.
https://support.indiegogo.com/hc/en-us/articles/221684087-Product-Stages-FAQ-For-Campaigners
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Except for the fact that the dismissal had nothing to do with the merits, or demerits, of the case but was a purely an administrative decision.
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We break up the monotony to bring you this important news.
Due to a screw up at the SEC, the revocation proceedings against ERHC Energy (among others) have been dismissed!
https://www.sec.gov/litigation/opinions/2023/33-11198.pdf
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Am I reading it wrong? Import Genius says the shipment arrived on May 19.
https://www.importgenius.com/importers/tri-cascade-inc
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Excellent work, as always, bboll.
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Thanks, again, for the effort.
Then may I ask how you knew they were supposed to be there?
Could you provide a link, please, to where it says that ERHC would be an attendee for the conference. I’m coming up dry.
Thanks.
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So, basically, “friends and family” know a bunch of key informational updates about ERHC but shareholders are being kept in the dark?
Just wrong.
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That is interesting they would say that. I await confirmation from the company or, at least, a reputable oil and gas industry news source.
Thanks for your effort, though, in trying to make contact. Might explain why PN has deleted his LinkedIn profile, however.
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OK. Confirmed how?
And the company can’t file an 8-K disclosing this material information why? Please don’t say, “Gag order.”
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Maybe. Link, please.
True. Unfortunately, that seems to have no effect on the situation.
I would love to know how many shares Offor owns, if any, because knowing that would go a long way towards ending the useless back and forth over shorts/no shorts, one way or the other.
I was expecting revenue from Halo. Did they not increase their fleet size? Makes it hard for me to believe they are actually still working with them.
And what about the company in the Midwest that Jerome said they were selling products to in the December video? How can you have no revenue if you have sales?
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Loans from Wen-Shone Shiau last year not previously disclosed?
He has until Monday COB to file.
The latest card in the revocation proceedings was played by the SEC Division. It is up to the judge to do something now, IMO.
https://www.sec.gov/litigation/apdocuments/3-19419-2021-04-16-divisions-motion-for-summary-disposition.pdf
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Well there was 200 million added to the PS this week.
Good to know. Thanks.
The last increase to the OS was on March 27 (or thereabouts) with 400M shares being sold from the 1-A. Since then less than 400M share have traded so those shares are likely still being sold off. I believe much of the volume on Monday was from there.
And they haven't necessarily come into a lot of money. They have an agreement with CIT to fund them based on their invoices (my understanding of accounts receivable factoring), so how much money they will receive, and when, will depend on how many dongles they sell and how quickly they can sell them. To date, they have probably not sold all that many.
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Yes, there should be revenue from Halo since they were said to be adding vehicles to their fleet. Also, if I recall correctly from the Teal video, Jerome said they were selling something to a company in the Midwest so there should be revenue from that, as well.
It will be awfully suspicious if there is no revenue reported for Q1.
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Shell has plans in the JDZ? Link, please.
Thanks.
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Recent STP press article regarding Block 6. Nothing new, really. but optimism abounds. ERHC needs to git 'er done.
Oil: Well Jaca confirms “Active Oil System”, but still unable to prove existence of commercial oil
April 13, 2023
São Tomé, 12 April 2023 (STP-Press) – The Director General of the National Petroleum Agency, Álvaro Silva, announced that drilling in the well, identified as Jaca-1, in block-6, proved the existence of an oil system active, but which is still not in a position to state that there is commercial oil.
The director quoted information provided by the Galp/Shell consortium, and made this revelation to journalists, after the audience with the President of Parliament, Celmira Sacramento, to whom he went to inform the results of the first drilling in the São Tomé Exclusive Economic Zone.
According to Álvaro Silva, “what we can say, and we have the information, is that the companies are satisfied with the results, they consider it a technical success and that encourages them to continue the services and we are hopeful that we will have other drillings”.
The director of the ANP is convinced that in the next few years there will be other drillings and, eventually, other news regarding oil prospecting in the country's Exclusive Economic Zone.
Jaca-1 is the first exploratory well in Block 6 of this zone, drilled by the Maersk drillship Voyager, following the production sharing contract signed in 2015, involving the consortium composed of Galp STP (operator) with a 45% interest participatory, Shell STP with 45% of interests and the National Petroleum Agency representing the State with 10% of participatory interests.
https://www.stp-press.st/2023/04/13/petroleo-poco-jaca-confirma-sistema-petrolifero-activo-mas-ainda-sem-poder-provar-existencia-de-petroleo-comercial/
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Shell is currently shooting seismic in Block 10.
Oil company SHELL to start seismic survey in block 10 of the São Toméan Exclusive Economic Zone
The oil company SHELL, will start this month the process of seismic survey of oil block 10 of the Exclusive Economic Zone of STP. The information was advanced by the representative of this British company who met with the regional authorities to share the details of this operation. According to Nelson de Assunção, a SHELL representative, the seismic surveys will take place over the next three months. Block 10 is located between the islands of São Tomé and Príncipe and is 40 kilometers south of the Tinhosas islands.
https://www.tvs.st/index.php?controller=home&action=single&id=205
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Somebody must have unplugged their supercomputer.
In São Tomé and Príncipe, TotalEnergies holds two exploration licenses granted in 2019, one for Block ST-1 and the other for Blocks JDZ-7, 8, 11 in the joint development area between São Tomé and Príncipe and Nigeria. Two 3D seismic surveys were carried out in 2021 on these blocks and their interpretation is under way.
https://totalenergies.com/sites/g/files/nytnzq121/files/documents/2023-03/TotalEnergies_URD_2022_EN.pdf
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My “tighter ship” reference was meant only toward their recent history of being timely with their reporting and doing what has been necessary to avoid losing Pink Current status. Probably should have been clearer about that.
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