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Re: midtieroil post# 323759

Saturday, 05/27/2017 8:21:04 PM

Saturday, May 27, 2017 8:21:04 PM

Post# of 362489
All of this time...

...CEPSA had ample opportunity to drop ERHC.

But to our knowledge, they haven't.

Hence, maybe all of this time...

...CEPSA has been gobbling up cheap shares?

Someone bought the BILLIONS of shares that were sold by the CN holders.

Who? Surely CEPSA doesn't mind spending $300 to $600k to gobble up ERHC as opposed to countless months of bureaucratic red tape in Kenya, right?

But to get all those shares for $.0002, CEPSA has to not only buy shares from the CN holders but also convince existing shareholders not to buy more shares...but sell their shares to CEPSA instead.

Must be very frustrating for CEPSA...to the point that CEPSA must have hired "some".

Krombacher