ERHC Energy Inc (ERHE)

[ssc]

Sure. Allow me to make it perfectly clear and so no percentage of my answer is missing or misunderstood. The blackhole analogy is total bullshit. Trying to base anything on the size of legal expenses is bullshit. Assuming the legal expenses were wildly expensive is bullshit (look at the quality of legal work done on the response that was filed with missing information and late).

Now that all is cleared up, anyone care to answer:

1) The reason no one will pay 1/10 of a penny/share for a stock that is supposed to be going to $8 is:
(a) they aren't interested in making an 800,000% profit or
(b) they don't believe the stock will be going anywhere close to $8

2) The reason no one will pay 1/10 of a penny/share for a stock that will be paying multiple 1 cent dividends is:
(a) they don't want to earn multiple 1000% returns on their investment or
(b) they don't believe erhc will be paying multiple 1 cent dividends any time soon

3) The reason no one will pay 1/10 of a penny/share for a company that will soon announce a $100 million cash plus carry deal that would be worth at least 3 cents/share is:
a) they don't want to make a 3,000% profit or
b) they don't believe a $100 million deal is on the way