ERHC Energy Inc (ERHE)

[tryoty]

Long timers... let's put where we are into perspective...

Think back a decade or so. What was the highest price you paid for ERHE shares? Embarrassingly, I'll confess that I own shares that I paid $0.989 for. What was your highest purchase?

Now adjust that price for the recent split by multiplying by 100.

I have shares that I paid $98.90 for that are currently worth $0.16... yes, SIXTEEN CENTS!

That's the power of complete and total incompetence trying to run a public company. Peter Ntephe tried to look wise by calling convertible debt financing "quick and attractive". I can agree with him that it was "quick", as in the easiest temporary fix requiring the least amount of effort on his part. But "attractive"? The only people benefitting from the convertible debt cluster-phuck are those that bought the ruins... quite notably the CEO and CFO that orchestrated the annihilation of the market cap as they chased after shares like they were on a K-mart blue light special.

Maybe it's just me, but getting up each day and looking into the mirror only to see that looking back at me would be depressing.