Wednesday, March 25, 2015 5:14:53 PM
"But, if the share count goes up to 3 billion shares you will only own .025% of that billion dollar company. That means your stake is now worth $250,000."
however...
Let's assume that the shares out has gone to 3 billion from 750M. That's 4X what they were when you bought. To keep your 0.1% of the company and not be diluted you would have to increase your 750K share position to 3M shares. In other words you would have to add 2.25M shares. At the current share price that would be an additional $2250.00 investment into ERHC to avoid dilution.
I don't know what you originally paid for your shares, but for many hear that is mighty cheap for insurance against dilution. There are many here that have taken that a step further and significantly INCREASED their percentage ownership because, although dilution is occurring, the share price is falling many times faster than the dilution is occurring... opening an opportunity for those with $$$ and a brass pair.
People maintain anonymity for a reason and it is rarely noble.
Recent ERHE News
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