ERHC Energy Inc (ERHE)

[DegenerateGambler]

Any talk about a major exchange is just a pipe dream. The reality is the share price is trading in the mid teens of milrays. Yes, milrays, not even a 1/5 of a cent. Even after the reverse split, the share only gets to a cent and a half. Still in penny land and very very far from a whole dollar. We will be lucky to get off the pink sheets!

Let's think about who has been buying ERHC's shares over the past month. Yes, two insiders, yes some of the die hards from IHUB, but has the general public been buying? From the extremely low amount of the actual dollar amount of trades ( less than $10K daily for the past month) there appears to be an extremely low interest in ERHC. The dollar amount I personally have invested in this company just in the share offering last year would have allowed me to buy every share traded over the last month. That makes me sick. Then if I think about the total amount I have invested in the stock, it would have allowed me to buy EVERY SHARE traded for the entire year to date. This makes me even sicker.

On an up note, I will say, with this upcoming cash infusion (of undisclosed amount) the share price SHOULD start going up. We may even hit 2 mills (20 milrays).

Although, I do not like the stock going through a reverse split, hopefully after the split we will no longer have to use the terms mills and milrays (which few here have used anyhow). I guess most people like to use dollars.