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DegenerateGambler

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DegenerateGambler

Re: Krombacher post# 327487

Friday, 10/05/2018 7:21:00 PM

Friday, October 05, 2018 7:21:00 PM

Post# of 361150
Let's discuss the possibility of bankruptcy. In bankruptcy a judge is appointed to handle ERHC's assets and dispose of them quickly and for what ever the market will pay for them. What's to stop SEO waiting for the bankruptcy to occur and pick up the assets at the bankruptcy sale for likely pennies on the dollar as is what happens most of the time. If SEO is truly a billionaire he could outbid anyone. If the bidding went crazy, the extra funds would go back to the shareholders, so the higher he bid the more his old shares would be worth. SEO can not lose in bankruptcy, if he truly has 30-40% of the shares and cash to outbid others at the bankruptcy sale.

SEO is in a win win situation, so he should let ERHC go bankrupt!

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

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