ERHC Energy Inc (ERHE)

[tryoty]

You're right on this Strategyone... but only for a fraction of time. If ERHC is acquired by NGAR in a reverse merger your claim is accurate, but only for the amount of time it takes to float more investor destroying toxic convertibles, you know, the ones that Ntephe destroyed ERHC with, and now wants another shot at feeding his paycheck while giving MASSIVE negative returns to shareholders.

Ntephe and Odobulu have shown they are Nigerian scam punks and nothing more. The fact that the idiots floated convertible debt and then said a reverse spit might be necessary shows the length they went to to guarantee ERHC's share price collapse.

Ntephe should have structured the debt to not be cyclically destructive.

He should have told investors why the debt was needed, what it would be spent on, and guaranteed that they would never push it to reverse split levels. That **ALONE** would have guaranteed that they raised far more money than they have and never even approached 2B shares. He and Odobulu destroyed ERHC **INTENTIONALLY**. There is no doubt of that.

But those things were too much to ask, his paycheck was more important to him than **ALL** of his shareholders **AND** the future of the company. If my conclusion is wrong, then he should put out a press release explaining why it is wrong... and I am not talking about another one of his kindergarten prank releases that mock investors intelligence. Meat and potatoes... with heavy fact gravy.