ERHC Energy Inc (ERHE)

[tryoty]

What if Offor's terms where 50 % of the share price and he converted on the same day that the company implemented a 1 for 2 reverse? The shares outstanding would be about 1.5B (as in the 10K) and the expected share price drop from the latest 5-4 conversions would be hidden by the split.

Of course everybody would have to be on the same page for such an illegal scheme to work, but the transfer agent was gagged for a reason the shares outstanding as stated in the 10K isn't possible without a reverse split.

Either they are lying about the O/S or a split has occurred.