ERHC Energy Inc (ERHE)

[tryoty]

Psssst... if they're buying to bolster confidence and sucker the market into buying... if ain't workin'. See the share price?

Nobody is going to invest a hundred grand in this if they weren't very confident in the future... nobody. Say whatever you want, it changes nothing.

Where I spend my ponderin' time is trying to figure out how they plan to cash in those shares. There are 2 billion shares "out there" that were bought at very, VERY low prices. Selling on the open market with that much competition just isn't feasible.

The logical conclusion is that they will realize their gain upon the sale of the company. Next phase of ponderin'... will they sell before drilling aka Gandur style, or wait until after drilling and risk another miss.

IMO, this company will be sold before the bit spuds next Spring.