![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, March 19, 2016 11:15:54 AM
the options are...
- further farmout of the Kenya block
- farmout of a portion of Chad
- farmout of a portion of the STP-EEZ block
- cash infusion from the oft mentioned "strategic investor"
Continuing with convertible debt is simply not an option anymore. I think you know that, but like some rabid animal you take pleasure in creating as much pain in others as you can. I don't get that. It's really sad, IMO.
2.) IMO, once the leftover convertible debt is converted and sold, somewhere around 34-35M shares will be outstanding. I expect oil will be found in this well and I believe that this company, which has NEVER hyped itself, is significantly understating the 20% chance of success. The CEO, CFO, and Offor poured roughly $550,000 into this stock over the last year and a half. IMO, finding oil is almost assured with this well, and that is why they bought as much as they did.
We'll know in 60-90 days. Continue your sick pleasure of hurting strangers until then.
People maintain anonymity for a reason and it is rarely noble.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM