ERHC Energy Inc (ERHE)

[tryoty]

I move to strike "dilution insurance" from this board. I would like to substitute "news insurance" in its place.

That is what buying "down here", with the threat of a reverse, is all about. If the EEZ deal gets inked... yahooooooo. If not, the insurance premiums will be for naught. Buy whatever size policy fits your confidence level that the MOU will result in a deal. My gut tells me that this entire convertibles FIASCO was done to facilitate <fill in the blank>. It all started about the same time as EEZ negotiations commenced.

A reverse split can not happen. A reverse split is the end of ERHC Energy. A reverse split will take the market cap below the cost of a used car.

If Ntephe and Odobulu go down the reverse split path it will show that ERHC is nothing more than a Nigerian scam and Ntephe and Odobulu will be attached to that notoriety for life.