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Friday, May 29, 2015 9:52:43 PM
I don't care how Ntephe does it, but a reverse split **must** be avoided and the above becomes a very, very real possibility.
What will likely happen is flippers will flip, and the stock will keep going up, and the flippers will buy and reflip, wash, rinse, and repeat. There is no way to predict how low the high will be, or how high that high might be.
I've only seen this once before, on a much lower scale re: share count... that stock ran from 37 cents to $29 in 7 months on little more than hope. It made it to a billion dollar market cap with far, far less in terms of assets than what ERHC has.
I am going to sit back and watch what happens over the next 12-18 months. Even a sniff of oil and... <fill in with your targets>
People maintain anonymity for a reason and it is rarely noble.
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