You can't always get what you want, but if you try sometimes, you get want you need. Rolling Stones
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Shameful post? I don't think so. It rings very true. Please dispute what was not true in your opinion,
it would be nice to get some kind of update from ERHC, even an email from PN!
I too have asked about those "assets" but have never had a reply. It appears the "assets" are talked about but never described to exactly what and where they are. EVERYBODY DOES NOT KNOW!!
Does "vapor" count to making the glass "half full"?
Is vapor just hot air?
Is blowing smoke up one's ass, vaporization?
Maybe Peter has been "vaporized"?
How long can a broken glass stay half full? How long can a leaky boat stay afloat?
The answer is "Blowing in the Wind" Bob Dylan
Thoughtful mind quote of the day:
“You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something - your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.”
? Steve Jobs
THIS IS WHAT EVERYBODY SHOULD KNOW ABOUT ERHC
Most shareholders believe that ERHC has very little value, hence the share price of $0.0002, This very low share price reflects the reality that there is no longer any hope for this company and is for all practical purposes the company IS bankrupt and is no longer functioning as a company.
Who works for ERHC (paid employees)? Probably nobody.
Has anyone been able to contact ERHC's management in the last 6 months? Likely no-one.
Is there a Board of Directors that exist? No
Does ERCH file any paperwork at all? Not recentlly.
When was the last time ERHC filed paperwork? Over a year ago.
If you cannot contact a company or the company does not file any reports, do they they really EXIST?
Yes, ERHC does exist but not in the reality outlined above.
EVERYBODY KNOWS ERHC IS DUST!
THIS IS WHAT EVERYBODY SHOULD KNOW ABOUT ERHC
Most shareholders believe that ERHC has very little value, hence the share price of $0.0002, This very low share price reflects the reality that there is no longer any hope for this company and is for all practical purposes the company IS bankrupt and is no longer functioning as a company.
Who works for ERHC (paid employees)? Probably nobody.
Has anyone been able to contact ERHC's management in the last 6 months? Likely no-one.
Is there a Board of Directors that exist? No
Does ERCH file any paperwork at all? Not recentlly.
When was the last time ERHC filed paperwork? Over a year ago.
If you cannot contact a company or the company does not file any reports, do they they really EXIST?
Yes, ERHC does exist but not in the reality outlined above.
EVERYBODY KNOWS ERHC IS DUST!
Then can we expect a "dead cat" bounce? But not if the cat is alive?
Are you referring to the poster you replied to? That no way to steal the assets!
Mills and milrays are fractions of one cent (which is 1/100 of a US Dollar)
10 milrays equal one mill
10 mills equal one cent
Most stock traders here are not familiar with these terms because almost all “normal” stocks trade in dollars. Some stocks called “penny”stocks are defined as stocks trading under five DOLLARS. There are very few recognized stocks trading in the milrays, yet only one or two milrays at that.
I hope this explanation is helpful.
I vote for A zero/ not trading with a notation that it will get there in 1 or 2 months
I vote for A zero/ not trading with a notation that it will get there in 1 or 2 months
Middy, IMO you have always (over 10 years) been spot on in everything you have said about Erhc’s management doing a terrible job with what they started with. Their mistakes/screwups have been numerous and always reported correctly bfy you (but the truth disputed by many here). Those that have denied or disputed your correct observations have just turned a blind eye to the obvious and continue to do so. The actual share price of one milray it the true indicator of reality. No real investors will touch this POS with a ten foot pole and that’s a fact.
Speaking of polls, I think it’s time for a poll to get a feel of where ERHC’s share price is going to be in 6 months.
A. Zero - or no longer trading
B. 1 to 2 milrays
C. 3 to 4 milrays
D. 5 - 99 milrays
E. 1 mill- 9 mills
F. 1 cent or more
Please post your vote
Middy, IMO you have always (over 10 years) been spot on in everything you have said about Erhc’s management doing a terrible job with what they started with. Their mistakes/screwups have been numerous and always reported correctly bfy you (but the truth disputed by many here). Those that have denied or disputed your correct observations have just turned a blind eye to the obvious and continue to do so. The actual share price of one milray it the true indicator of reality. No real investors will touch this POS with a ten foot pole and that’s a fact.
Speaking of polls, I think it’s time for a poll to get a feel of where ERHC’s share price is going to be in 6 months.
A. Zero - or no longer trading
B. 1 to 2 milrays
C. 3 to 4 milrays
D. 5 - 99 milrays
E. 1 mill- 9 mills
F. 1 cent or more
Please post your vote
i completely agree with your post, especially the statement that there are only a few shareholders that believe ERHC can rise from the hole it is in. I also concur that it is a" ruse" that ERHC assets are being stolen. Two questions, what assets (as there are none with any value or any that do exist are not lien free? and who this entity that is supposedly stealing these assets. No-one has ever been named, so who is it?
There is no chance PN will attend a conference where he has to pay for the conference and transportation, room and food. ERHC can no longer pay his way.
By the way, any word from ERHC about filings its financial docs?
Also, any word at all from PN or SO?
exactly who is stealing ERHC's properties???
emdyal, who has agreed with you so far?
Who is this EVERYONE you keep referring to?
emdyal, NOBODY KNOWS.
ANYONE THAT DOES KNOW ERHC'S ASSETS ARE BEING STOLEN, PLEASE SPEAK UP.
emdyal, so far your EVERYBODY knows the ERHC assets are being stolen, has gone deaf ears. those in agreement were asked to speak up and indicate they agreed with your theory.
So far only one person (Krom) has spoke up but even he DID NOT fully agreed that the assets were being stolen.
Even though you keep repeating that EVERYONE KNOWS, no one actual agrees with your stolen asset theory.
emdyal, you say the assets are “being stolen and Everybody knows”.
I ask if there is ANYONE here who agrees that the assets are being stolen? ANYONE??? Please speak up!
emdyal, you say the assets are being stolen. Everybody knows.
i ask if there is ANYONE here who agrees that the assets are being stolen? ANYONE??? Please speak up!
Middy, you last post rings "so true". As always you are spot on with your comments about ERHC.
But I have one question for you, What happened to "rich by Easter" or was that just a Easter egg hunt where no eggs were to be found?
those shares purchased at 2 milrays only total to $25,400. what kind of volume is that?
i, for one, think that you should be able to contact a public company to get a status update on the required SEC filings that are way overdue. At least the company should answer the phone and have someone call you back with the info. ERHC should be called EVERY DAY until the information is provided.
Did anyone call today?
Someone please post the phone number, to make it easy to call ERHC. TIA
Has anyone tried to contact ERHC by telephone today to ask when (if) any financial statement will be forthcoming? I believe at least one attempt to contact the company for this information should be made everyday until ERHC's management answers the question.
Can someone please post the company's phone here, I would really appreciate it and it would encourage calling ERHC to find out this vital information about the company
Has anyone tried to contact ERHC by telephone today to ask when (if) any financial statement will be forthcoming? I believe at least one attempt to contact the company for this information should be made everyday until ERHC's management answers the question.
Can someone please post the company's phone here.
Old, you again mention the assets of Erhc, but you have yet to provide the details of which assets are worth how much. You have been asked this many times so I am hoping you respond to help others understand you beliefs. This is a very simple request, so please respond with the details.
A few questions:
If PN & SO are no longer being paid by Erhc, and the small amount of shares they own in Erhc are basically worthless, what incentive do these guys have to waste any time working on Erhc assets?
Are PN / SO anywhere to be found? In Houston, England, somewhere in Africa? (Where’s Waldo)
Does Erhc have any money to pay for accountants to file overdue corporate filings?
Does Erhc has any money to pay for attorneys to contest all the legal battles that involve their assets?
Is Erhc a viable corporation? How does anyone do business with them, if no ones around to even answer the phone?
A few questions:
If PN & SO are no longer being paid by Erhc, and the small amount of shares they own in Erhc are basically worthless, what incentive do these guys have to waste any time working on Erhc assets?
Are PN / SO anywhere to be found? In Houston, England, somewhere in Africa? (Where’s Waldo)
Does Erhc have any money to pay for accountants to file overdue corporate filings?
Does Erhc has any money to pay for attorneys to contest all the legal battles that involve their assets?
Is Erhc a viable corporation? How does anyone do business with them, if no ones around to even answer the phone?
KROM, you say "look out"
I say look out below, as bankruptcy is far more likely then 0.0003 (which will make no one rich by the way)
Since this board has more believers in Erhc, I was hoping that someone here who believes in the assets would list the assets and the $$$ amount they think they should be valued at. I have asked this before of one old individual, but never would get a detailed response. Spelling these values out would help all here understand their investment in Erhc much better. TIA
Oldoil, give us a chance to understand your calculations, but please tell us the details of the valuation of each SPECIFIC block you believe ERHC has any active oil rights in. Most here would understand that kind of analysis.
Old, you have stated that you believe in ERHC assets many times and you have been asked to put a $$$ value on theses assets (what you feel the assets are worth). You have been nicely asked to do this many times. If you continue to refuse to answer, at least explain why. You do realize detailing the value of the assets will help everyone understand why you feel the way you do about ERHC and may convert many others to your point of view. Not answering only makes one believe you have no basis for your beliefs.
Oldoil, middy believes Erhc’s liabilities (debts) far outweigh its assets and has repeatedly stated that opinion here. Are you agreeing? If not, please list the assets and what you believe they are worth.
oldoil, i am still waiting for your detailed list of ERHC's assets and what value you place on them. you talk a good game but when it comes to you producing your estimates, you fail to do so. when you make this list, it will be helpful to both the believers and non believers.
Pops, you write: GO ERHC
go where POPS?
the only place ERHC should be going is to the file clerk with 10Q filings that are way late.
No shares for me. There is too much uncertainty with the sales forecasts