Actually the vast majority of shareholders now are only holding onto their ERHC shares because they are almost worthless and aren't even worth selling. Count ERHC management including Ntephe, Odobulu and Offor in that group. The millions of shares they once owned are basically worthless too.
There is only a small handful of people who still believe in this stock and are still buying but most of the activity is traders buying at .0001 and dumping at .0002.
When it is necessary to resort to ruses like rivers of oil, plots to steal the assets. delusion insurance, debt vaporization new paradigms and the like to push the stock it becomes obvious there is no good reason to buy. I am still waiting to hear a single good reason to buy this stock. I still haven't heard a single one. Got any?
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