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ssc

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Alias Born 12/20/2006

ssc

Re: oldoil post# 15889

Saturday, 08/18/2018 8:58:27 AM

Saturday, August 18, 2018 8:58:27 AM

Post# of 18778
Why your numbers and prediction of a 5,000 bagger for erhc don't make sense has been explained. No other stock has ever achieved that kind of gain. Even the lists presented with the biggest gainers of all time only made a small fraction of the future gain you are attempting to justify. If your forecast came true, the growth of companies like apple, google, facebook would pale in comparison. How can anyone believe erhc would surpass those companies while it is broke, deep in debt, and has a history of not paying taxes, not paying lenders, not paying the IRS,

Even if erhc could attract a partner in spite of its horrible financial situation and reputation of not paying its debts, even if commercial oil was found, even if enough exploration was done to prove up the billions of barrels you assume in your numbers, even if this fantasy actual played out, it would have to be adjusted for all the years it would take to get there and all the dilution that would have to take place (either of shares or of percentages of blocks owned) for erhc to stay in the game.

Perhaps your 5000 bagger prediction makes sense under the "new paradigm" where facts don't matter, but the rest of the investing world is already acquainted with the technical issues here, hence the share price that is 5000 times away from your ridiculous target.
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