ERHC Energy Inc (ERHE)

[ssc]

Other than lame attempts to prop up the price with low volume trades on the ask, there are no signs of life. The last shareholder update was April 2017, the last filing was January 2018 (and this was just a notice that erhc would be late filing), no response to emails to the company, website out of date, IRS tax lien, lawsuits for defaulting on convertible debt, and only a handful of die hard posters who refuse to face the facts.

If there was truly anything hopeful going on, why wouldn't the ceo keep shareholders updated? At least let them know that in spite of all the above, in spite of selling his home, in spite of total silence for all of 2018, in spite of triple zero share price and horrible financials, in spite of all this erhc is still working and has a plan for holding onto and developing its remaining assets. Instead, it looks like the lights are out and the party's over imo. For the sake of those who were suckered into dilution insurance, I hope erhc management proves me wrong. But for now it looks like they've thrown in the towel and couldn't care less about shareholders.