ERHC Energy Inc (ERHE)

[nordicroots]

Doubtful as a reverse split by itself it would not change the company's operating capital nor would it fundamentally change the business prospects and chances of striking oil. With that said, it would however, possibly allow management to continue to attempt to raise capital by turning to the vulture loan sharks out there hawking their costly convertible debentures and upon conversion issue more diluting stock - ultimately driving the stock price further into the toilet.