ERHC Energy Inc (ERHE)

[Krombacher]

Your example is why shareholders should not only buy 4 to 8 times their own position to insure against dilution, but also buy a bit more than that to bring down their average cost per share to below a penny...

...doing so will mean that all we need to do is hit a penny or two to have a nice return on our investment....

...plus given the share price as it falls, it's cheap to do.

So to use your example, if someone could own 50,000 at a cost basis of $.40...or $20,000.

Then it shouldn't be too hard for that same person to find an additional 10% of that or $2,000 and end up buying 5 million shares.

That is waayyy more than enough to cover dilution insurance...but it also reduces the average cost per share down to about $.004...

...so thank you for making the case that existing investors should be buying like crazy.

Krombacher