Despite all of the hype, all of the encouragement embraced by the fact that the CEO and the CFO buying shares, and the contingent of shareholders buying more,as a result of the CEO and CFO, the shareprice continues to go down. Isn't that amazing !!1 Millions of shares bought, while no one seems to concern themselves as to the millions of shares being SOLD, no one is concerned as to why thew share price is still falling back to a mere penny, and probably further.
A few , who were presumptuous to claim that the basis for the plummeting share price, was due to scared share holders, tax loss sellers, whatever but not the convertibles and associated shorting..NEVER THAT !!!
And here we are, back to a penny, and no one has an honest and logical answer. And if someone has an answer of spiral death financing, in conjunction with shorting, those few are quick to take dispute, but adeptly fail to address the points made, and fail to provide logical answers, and if someone disputes their attempts to provide answers, those few avoid the
response to those logical answers. In other words, people are talking AT EACH OTHER, but not talking together. Everyone has a monologue, not a dialogue.
They talk of defining "toxic" disputing the definition, but get lost in the issue, red herring as it is, rather than examining the fact that the shareprice has gone from $.12 to sub penny.
And no one is keeping a daily track of the amount of shorting that may or may not be occurring.This is a core issue in the shareprice downdraft.
The CEO and the CFO know exactly what is and what is not occurring,as they set up the conditions.
And no one has addressed the issue of " what the shareprice would be TODAY, if the CFO and the CEO weren't buying shares. Would the share price be next to $.0000? I think YES, it would be zero, leading the convertibles to converting a HUGE amount of shares.And what would occur if this potential huge dilution tactic were in play?
And let's forget about the facts that there are numerous shareholders that bought at $.20,$.30 ,etc, who expected the same get rich program for ten or more years and counting, who have lost a ton of money, who heard the same get rich ,Las Vegas buying drinks hogwash.
Let's ignore their history,ERHE's history. After all, the axiom " Those who forget or ignore the past, are doomed to repeat, and are surprised to get the same result
Are the shares being bought by execs, in part, to prop up the share
price , in an effort to reduce dilution by convertibles? No one has addressed the topic thus far. But, it is a valid concern, one cannot disagree.
So, let's hear some more hype, some more toxic isn't toxic, some drinks are on me placebo sweeteners, ANYTHING other than the real issues and concerns. Let's hear about how it's every share holder's fault, not the execs. Let's hear about how it is a risk worth taking, a get rich probability, a syrupy sweet minimal risk prediction.
Let's encourage all to buy nd buy and continue buying.
This is my one post allowed for today.
