ERHC Energy Inc (ERHE)

[ssc]

Sorry bro, but you skipped about 30 turns of yours.

Regardless, no link is needed to show how shareholders will fare if erhc has its shares revoked. One only needs remember how the last 2 generations of erhc shareholders lost everything as a public company under the watchful eyes of the SEC.

Gen 1 saw price fall from almost $1 to triple zeros because of toxic dilution. A 1:100 reverse split put the final nail in their coffin.

Gen 2 watched their investment fall from $.02 to $.0002 as erhc continued to issue toxic debt after the r/s and dilute another 3 billion shares. Meanwhile, Offor is a billionaire, ntephe is buying new houses and getting golden parachutes.

If all that happened as a public company, why would there be any sane reason to expect current outsider shareholders will not suffer the same fate if erhe shares are revoked and no longer a public company? Delusion is as bad as dilution.