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Saturday, August 11, 2018 7:26:20 PM
Now lets look at the upside on the stock that's trading at 2 milrays. Sure its possible for a double, triple or four bagger, but what are the chances? It appears it is quite a long shot for ANY oil company to do an oil deal with ERHC based on the company's past history of stiffing past partners. Would you do a deal with a company that stiffed its last partner (I certainly would NOT). Then there's SEO, who many believe will save the company. IMO, SEO is out only for SEO and will do little to help the existing shareholders. Why should he? What's in it for him? Some people trust a Nigerian, only as far as they can throw him, all 300+ lbs.
So all and all it boils down to risk versus reward and IMO HUGE risk and only la little chance of reward (and a small reward at that). So why would anyone invest in ERHC at this point? Not many and the share price proves it.
In 10 yrs the shareprice fell from ~$99(after split) to now $0.0001 (1 milray) & the same jokers are still in place & not reporting ERHC's finances. How do PN & SO justify being there while bringing ERHC to its knees. A funeral is soon,see ya there
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
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
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM