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I also did a study of what is truth vs. speculation. My study revealed that ERHE sp is .000001. What fraction of a dollar is that? One hundred thousandth of a dollar? Or less? I don't think I have ever seen a sp this small.
Truth is that out of the total investment community only a very few....who incidentally are STUCK with worthless shares and could only sell at a loss....would ever entertain the idea that ERHC is somewhere they would want to risk their money. All the speculation you can provide does not change the view of 99.999% of the investment community. This includes those who are close enough to the actual info (ERHC, Shell, Sao Tome, Total, Kosmos) or associated with those who have seen or heard info regarding block 4 thru friends or relatives, etc. There is always a leak somewhere. Yet no rush to own shares...even before it was delisted in the USA market.
I always look for compelling evidence of the current state of a company. In this case the sp is the only compelling evidence. No information is supplied by the company. Could something change. I suppose. In fact if the $8 sp from a short squeeze ever materialized so much the better for me. But at this point in time that looks like extreme speculation with nothing to back it up.
Badog
I don't care how far you are underwater here. Good luck RKT.....you're going to need it.
Badog
You are in your own world. I have never gone there I guess.
Have you talked to PN lately in this world of yours?
Hope you are enjoying your delusions where everything is speculation. You can paint whatever picture you want.
LOL
Badog
Oh no no no.... I grasp the game you are playing. It's call 'I'm STUCK so lets see how many others I can convince to be STUCK with me'. Then when you realize that you could have gone to far and gambled too much you promote a short squeeze theory to get others to wait while you sell your hundreds of millions of shares (if there ever comes the opportunity to sell). Yea, I grasp the game.
Hey Krom....You have said you are sure I am short ERHE. I'm saying I am not short ERHE and have never been short ERHE. Now...bring on the authorities to throw me in jail. They can't. They would be wasting their time. And you are wasting everyone's time promoting this scare tactic.
You and others are simply STUCK and there is nothing you can do about it. You have been STUCK for how many years now? The short squeeze nonsense is not going to save you or anyone else. You had just better hope for a miracle as in a buyout of block 4 if ERHC still owns any rights to it. Even then I doubt that we would see an increase in the sp of more than a half a penny. Hell, drilling is expensive and it's a crap shoot. No one knows if there is even anything to drill for.
Again, you got yourself into this. And you admit that you are purely speculating about all of your theories, all of your senerios....well, everything I guess. Some followers are always sucked into these wild ass schemes and dreams but close to 100% of the investors out there are savvy enough to know a made up scam.
Badog
You teach nothing. You know it's all crap. I believe the crypto king who is now in jail was teaching others also. LOL
Badog
The reason that you don't respond with anything but gibberish is because you can't. There is no backstop. There are no shorts. You have to keep the crew in line I guess...so they wait for you to unload your shares first if any opportunity ever arises. Very doubtful it will.
Badog
You insinuate there has been a deal with Shell. You have no idea if any deal was struck between Shell and ERHC. Same as you admit that you have no idea of whether there are any shorts.. Unless someone announces a deal there is no deal. Show me the link of a deal with Shell. The SP says no deal.
If there ever were a deal what would be the fair value? Is there any confirming evidence of oil in block 4? I'm sure Shell could estimate the cost of drilling for oil in block 4 but they cannot determine any outcome at this point. So what is a fair value? I don't care what Kosmos or Total or anyone else says. Until they put their money where their mouth is....the value is the same as ERHE sp.
Badog
Schwab is currently showing ERHE as follows:
$0.0000 -$0.0006 (-99.83%)
There went my $12
Badog
By the way....are you still promoting that your loyal group of shareholders should wait for the epic short squeeze to sell? That's smart. Gives you time to unload before them. What a plan. Don't worry....I'll wait. I only loose $12 if I get schnoockered by the big unloader. But if I were severely underwater I would most likely rethink that move.
Probably won't be an issue anyway as I am guessing that ERHE sp will never move above where it is now. Like I said before, Shell probably got the Uranium and ERHC got the shaft.
Badog
Again....I have no worries. I am not the one trying to pull off a gigantic hoax regarding a short squeeze.
There are no shorts in my opinion. There may not be any assets remaining... not any that hold any value. If there were we would have had info regarding them by now.
Sorry....but you and others are simply.....STUCK
It's your own fault.
Badog
Didn't know there was a minimum number of shares in order to post? Even so....if what Krom is throwing around ever turns out to be correct its still a sizeable chunk of change as a payoff. That's what makes it so great for me. If this is a bust I'm out $12....if the short squeeze occurs it's $480,000 according to Krom. I'm in a good spot if this all goes in the crapper. I am not severely underwater like some. I can't prove that this will be a washout/bust but most investors don't seem to want anything to do with this....for a good reason.
Badog
I have no worries. I never shorted ERHE. And if you are wrong about me....you may be wrong about all other short theories.
Badog
Seems to me that someone else here is fraudulently trying to deceive other shareholders. They make claims that cannot be proven in order to influence certain actions or inactions by others. A large bagholder became STUCK so they tried to fraudulently influence others into actions that make them STUCK also. I could say that I bought 60,000 shares because of your posts stating that a short squeeze would occur resulting in a $8 share price. My $12 investment was therefore induced by your posts stating that you had proof. Now I realize that your evidence was crap.
Badog
Just what I thought. More fiction from Krom. No links. No proof. Just crap.
My proof is plain to see....sp is .0006. Do you understand that? No one except a few delusional investors believe this crap.
I doubt that your so-called followers even believe you....but what else can they do at this point.
You are all STUCK
Badog
I would benefit from such a scenario but based on the lack of a link I'm confident this is just a imaginary situation that you promote and fantasize about in your sleep. I guess trying to wrap all of your senerios into what you try to make look like a news article is creative. But it's too late. It has, as usual, become all too unbelievable with no proof.
You ask others for links....but I am confident that I won't see one here?
The key words in the whole post is 'It is widely believed'
Hell, it was widely believed that the earth was flat at one time also. LOL
Is there no end to the crap?
Badog
Longs are STUCK as long as our leaders....SEO and Peter....withhold any positive information from shareholders. And there is the strong possibility that if they told us the truth it would confirm that we no longer have any assets worth anything. And even though ERHC has a habit of not disclosing info to shareholders why would Shell not put out info if they made a deal with ERHC? So the stock is likely as the sp suggests....worthless.
So you got yourself into this and coaxed many others into joining you. Now you all have to live with the knowledge that there are likely no backstops and no shorts to squeeze.
Badog
Krom: you say
What happened to ERHC interest?
Badog
How long have you been saying that shorts are doomed? Even though you apparently are one. You don't deny it.
Badog
RKT989....Why keep asking when they already told you they cannot divulge info except in an company announcement?
Einstein had a descriptive word for continuing to do the same thing over and over and expecting a different result.
Badog
Krom...How many shares short do you own of ERHE?
Badog
Why do you say I have no financial incentive? I have made it clear I own 60,000 shares of ERHE.
I have countered things here for years when I see something that looks more like a scheme to influence others for personal gain...and less like reality.
Badog
I can't help it if you want to remain delusional. You're in a tough spot. You're STUCK.
Oh well, you got yourself into this. With no news you guys remain STUCK. And with any good news it will be a free for all trying to sell hundreds of millions of shares. I doubt there will be enough buyers. And you have 400 million shares to dump. Hope you can get the rest to wait to sell. Wow...talk about a curtain pulled back.
One request.... if great news ever hits don't dump all at once. It won't help me if you guys flood the market with shares for sale.
Oh....by the way....are you a short of ERHC? Don't deny it.
LOL
Badog
farml1234...maybe you should just be happy if you ever get your money back. That's a crapshoot at this point. I'm hoping for ya.
Badog
I can handle it no matter how this goes. I'm out $12 if ERHC turns out a bust as it has for years now. I cash in if it turns out to be positive.
What a position to be in. I have no illusions of any short squeeze. That's a fools game.
Badog
For Gods Sake....I'm not taking the time to re-read what you have put out there.
I see how you got yourself STUCK
Badog
Why are you asking shorts a question when there are none?
And sorry but your post is nearly incoherent. Either I'm on drugs and can't understand a logical post....or you are on drugs and post illogically.
Badog
Your scenarios are getting tired.
Badog
It's too bad that some here have their money tied up in this stock for 6 years or more...not making a dime...in fact those that kept investing here years ago are probably pretty well under water. I always figure I can average 15-20% with Berkshire or maybe 10-15% with a S&P ETF. But what has been the return here over the last 6 years? Well it's been negative....a loser. For what? A short squeeze that won't happen?
Oh well....dad gum it...I have my $12 here and I'm holding on for that $8 (or higher) payday.
Badog