Umbra....I am pleased to see you actually talking about ERHC and its potential AGAIN. Every ERHC investor should be paying close attention to little signs like this.
I re-read every post of another high profile poster and the two seem to be coming together. One is predicting VERY POSITIVE action near term and the other has posted ownership of shares for the first time. Follow all that to Brandhubers comments of CNBC action in June or July to be followed by a roadshow. We know that CNBC would be unlikely to host a .41 cent a share oil hopeful. But how about a small energy company that just had a significant rise in SP????
Why go on a roadshow where the purpose is to promote your company to institutional investors when the majority can't touch you when the sp is in the pennies???? On the other hand, maybe if the sp met institutional buying ability you may very well want to have a roadshow.
Say the previously rumored buy-In is still in play. It will immediately take our sp uphill....to that magic buy-In #....making CNBC interested in footage....and making a roadshow to spur additional interest in investing in the company a liklihood!
Now picture this. A buy-In would wipe out all weak hands. The stock would be basically held by Chrome and the company doing the buy-In. Very strong hands IMHO. Following the buy-In, footage on CNBC takes place. Now with the vast majority of the shares held tightly by Chrome and the buy-In company, the additional interest created by CNBC footage takes the stock up considerably due to supply and demand. Follow CNBC by a roadshow and get a few large institutional investors intrigued in our company and the sp ramps up even more incredibly.
I've wondered for some time what good a roadshow would do for us sitting at current levels. Most of the big boys can't touch us. I CAN see what a roadshow could do with the above scenario taking place FIRST.
Supply and demand can VERY SIGNIFICANTLY affect our sp. Right now we're full of traders/flippers and weak hands ready to sell at a couple pennies profit. Throw those shares first into a company buying in looking for LONG TERM prospects followed by a few institutional investors looking for the same long term prospect and the VAST MAJORITY of the shares are held by very very strong hands. A totally different picture than we currently have.
I will be the first (beat you to it Maestro) that I WANT and HOPE for this thing to make a positive turn. I am totally reading between the lines of two posters coupled with the boards previous rumors of possible action. This, coupled with Brandhubers mention of a roadshow, makes this a very potential possibility. Posts of a steep uphill climb that is bumpless make total sense.
I am invested here because of the oil potential. I also think OBO-1 gave us some very positive results all leading to a large suspected volume of oil in our blocks. Our sp doesn't recognize this yet. Its not READY to acknowlege this yet. I'm believing it will in the short term.
I would appreciate feedback from any/all posters regarding the above scenario.
AI
