ERHC Energy Inc (ERHE)

[Manti]

Keep in mind that one of the MAJOR contributing factors to that price action has ABSOLUTELY NOTHING to do with fundamental changes in the valuation of the company. Let me explain:

A RS requires a ticker symbol change, and an adjustment in the accounts of
ALL shareholders. This DOES NOT happen automatically, even in today's computerized world. The individual brokers all have their own way of implementing these changes, and they cannot be initiated until AFTER the RS is effective.

Most of the time brokerages will immediately allow the SALE of shares, but it takes some time for them to allow for the purchase of those shares. This causes the supply/demand to be skewed while the adjustments are being made.

Some think they will sell on the open and then buy back on the dip and then find that they cannot buy back because their broker hasn't cleared the new ticker for purchases yet. Just a word of caution for those waiting to play that game...