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As I recall, as of the last filing many years ago there were a boatload of preferred shares authorized but not yet issued. Those have the potential be used for convertible debt if there’s anyone gullible enough to buy more wallpaper.
Still waiting for a single example of another company that could not make Federal SEC filings because I’d a State Court gag order.
Can you name one single other company that stopped federal SEC filings because of a state judges gag order? Not that I believe a word of what you are saying.
Not that I believe that there is a single share shorted now, but if there were massive shorts…
Why couldn’t the latest SEC showing a change in ownership of 167 million share be one of your mythical shorts covering?
The true value indicator ratio is how many shares it would take to buy a McDonalds Big Mac, fries and a large soda. That ratio is now 12,000,000 to 15,000,000 shares to one combo
Better not order a chocolate shake too….
ERHE market cap is now $2,000. Kinda says it all.
Nothing but the share price?!? Au Contraire amigo…
No SEC filings in years
No share holder meetings in years
No financial reports in years
Grey market trading / no USA brokerages to purchase shares from
No verifiable proof whatsoever of short positions
Need I go on?
To say that a share price in the hundredth or thousandth or ten thousandths of a cent on a grey market caveat emptor non reporting shell company with assets that are about to be forfeited for non payment of taxes is beyond absurd. Kudos for the try though.
You are correct
The countdown to a price of zero does not have far to go.
One hundredth of a cent is pretty pathetic.
Welcome back. I knew you could not stay away.
Does no one else find it curious that the most prolific poster / largest known shareholder vanishes about the same time that there’s a filing for a new shareholder with 167 million shares? Where did those shares come from? And as I’ve previously posted , it’s pretty evident that whoever sold those shares did not value them at even a penny.
Perhaps he is the mysterious, mythical, monster short seller….
“As a member of Fiera Capital’s Canadian Equity Growth team, Mr. Gagnon contributes to the management of the firm’s Canadian Equity Growth strategy, as well as to the Market Neutral and Long/Short Equity funds”
Short Equity Funds….hmmmmm
Any idea where the 167 million shares came from? According to the largest shareholder if record the vast majority of the shares were locked up by his group of 70 intrepid investors.
It appears that these shares were not purchased for $8 per share or even $0.008 per share.
Is it possible that Krom yanked the rug out from his buddies and sold a chunk of his stash?
I wonder if this is the same guy who specializes in advising various stakeholders with regards to restructurings and liquidations.
According to his website he frequently represents insolvent debtor companies
How do you know that the redactions are by Total?
How would anyone know if a deal was done or not? The San Tome assets were / are held by an opaque British Virgin Islands shell.
As I recall, in a prior deal years ago, SEO swooped in with Starcrest and gutted the ERHE common’s shareholders.
Perhaps the latest maneuvering of letting ERHEs interests lapse is another way of transferring whatever value may be left in this steaming pile.
How would anyone ever know what’s truly happening in a non reporting penny shell with assets held offshore? How would shareholders know if preferred shares or bonds were issued or the controlling stake in the BVI company was sold off / transferred?
Even the ‘African Queen’ could not stand the stench if you believe the largest shareholders posts.
It appears that there’s a problem with the African Queen. She seems to be MIA. Perhaps a missing person report should be filed.
It could also be that ERHE is keeping the officers indemnified by maintaining the corporate shield until the statue of limitations runs out on any potential claims of misconduct or malfeasance
BTW, did ERHE have a company party this year? Or better yet did it have a shareholders meeting?
Please wish the African Queen a happy Kwanza for me
I wonder if she knows that the only asset that ERHE has / had is held by an opaque British Virgin Island shell company. Then again it may have been sold off or encumbered many moons ago.
Happy Holidays to All.
Is there any reason why ERHE US based management could not have signed / filed the 8k?
The only records that I could find on Linda Uwams were a couple of earlier filings for ERHC and a now inactive private Nigerian oil company. She appears to be a resident of Nigeria. Is she the missing infamous African Queen who can’t seem to get her paperwork approved?
If ERHE can be bought ‘peer to peer’ why did the mythical African Queen have to have her paperwork approved in Canada (or elsewhere)? Her money can be spent anywhere on a peer to peer basis. If the Total deal is happening shortly, and the price is so low why not buy in now?
Google Emeka+Offor+corruption
About 175,000 results (0.38 seconds)
Sounds like a stand up guy.
The drug cartels down in Mexico do a lot of charity too.
Ahhh. Another carrot hung out. Now it’s September 2024 which I strongly suspect will be just like November 16 2023.
At least this time you gave yourself breathing room and time to keep bleeding / selling shares off. It’s gonna take some time to dump what’s left of your alleged 400,000,000 stash. $1000 here / $500 there/ then maybe on a good day you offload $3000. Beats working
He’s made money off the pump. According to the filings he purchased shares for as low as .0001 Selling those shares for anywhere between.001 & .006 is an impressive profit.
What continually surprises me are the faithful true believers who no matter what happens and no matter how many times they are lied to and misled still buy into the short narrative and the gag order and the African Queen and the Dollar’s per share and…..
What are your thoughts on 11/16 coming and going without a deal?
Maybe you could refer the lawyer that you used after you messed up your ownership filings.
Times up. It’s 5:12p in São Tomé
What’s the excuse this time?
African Queen fizzled out too
I can hardly wait for the next whopper.
Speaking of being clueless
How about someone stating that a state judge in a civil case can issue a gag order that supersedes SEC / Federal law requiring listed companies from filing reports. Now THATS clueless
Speaking of being clueless
How about someone stating that a state judge in a civil case can issue a gag order that supersedes SEC / Federal law requiring listed companies from filing reports. Now THATS clueless
T-minus 1 day
I wonder why the ERHC management team does not hold any shares and why they did not load up at these supposedly bargain basement prices. Evidently they don’t have the same public info that you claim to have.
T-Minus 2 days until……
What’s the latest on the African Queen’s documents and huge purchases of stock?
Has that gone the way of the HUGE news that is / was due on the 16th?
T-Minus 3 days until epic failure.
T-minus 7 days
And now the African Queen is delayed. I am utterly shocked at this absolutely unforeseeable event. If you can’t rely on Krom and the African Queen, you can’t rely on anything.
T-minus 7 days
And now the African Queen is delayed. I am utterly shocked at this absolutely unforeseeable event. If you can’t rely on Krom and the African Queen, you can’t rely on anything.
T-minus 8 days
T-minus (9) days
A simple yes or no would suffice.
Is that ten Earth days or ten Venus days?
Maybe I’m misunderstanding the whole shorting process
Here’s how I think the process goes
1) A ‘short seller’ contacts their brokerage firm and places a order to short a particular stock
2) The brokerage firm accepts this trade and secures is position via cash or other stock or a credit line of the short seller. Interest and fees accrue on the margin account until the trade is settled.
3) Short Position durations are limited and if the brokerage / trader cannot close the position timely, the brokerage will close the trade and charge the trader
Am I correct?
Are the ‘thankful’ Africans just regular Africans or are you referring to the ‘African Queen’ and her entourage as being thankful?
Or maybe it’s as simple as the biggest shareholder of record selling shares slowly into the market and conning unsophisticated investors into believing the African Queen / Short Seller / Gag Order / Total / (insert next gag line here) are real.
Definitive proof. At least more definitive than yours. You can see it on Netflix The African Queen with Bogart. It’s a classic , and much more entertaining than your incessant meaningless chant of shorts and gag orders. You should really get some help for that OCD behavior
It wii take less time than than having the African Queens documents and passports apostilled. How’s the progress going on that front?
How long does it typically take to get documents and passports apostilled? A week? Month? Quarter?