Saturday, May 23, 2020 3:38:50 PM
1) their sole purpose to publish ads in the Wall Street Journal would be to dissuade new investors from investing in ERHC and over time hope that some attrition over time will cause existing shareholders to divest as the patience required becomes too great for some of them.
2) It won't matter if someone reaches out to these Wall Street Journal ad publishers and explains the EMH doesn't work, that the only price that matters is Total's, the 400 page document, anything Warren Buffett has to say, ... they simply will not be schooled because short sellers propagating propaganda only care about one thing...disseminating misinformation...the truth, the facts...none of those matter even if they claim otherwise.
3) These same short sellers looking to publish in the Wall Street Journal will repeat the same old debunked messages over and over and over again. That's because that is ALL THEY HAVE. They got nothing else at this point because the shares are all locked up as has been the case since the suspension where less than 3% of the outstanding shares have traded.
Here's what matters:
1) ERHC does not need new shareholders...so all of these hypothetical attempts by short sellers to publish in the Wall Street Journal would be all but futile...but again, that is ALL THEY HAVE THAT THEY CAN DO.
2) ERHC does not need new shareholders because there will be ONE big shareholder called TOTAL, and that's all it needs.
3) Existing shareholders aren't selling.
4) The company is not going bankrupt.
Krombacher
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