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Monday, May 25, 2020 6:11:35 AM
Warren Buffett talks about companies in general. ERHC is a company. The ERHC share price won't tell you much, by the way: Krombacher gave several reasons why the share price is not moving currently. Will this stay the case indefinitely? lol...
No Warren Buffett will never invest in ERHC, but Warren Buffett wil not invest in a lot of companies. It's just that looking for certain 'answers' in the ERHC share price at this point in time is not that prudent because:
The entity or person(s) that paid for, and invested time into the 400 plus pages of litigation regarding just EEZ block 4 is probably (lol) of the 'opinion' (lol) that the litigation is worthwhile cost-benefit wise. This entity or person is of course an insider, with all the information at hand to make a sound judgement whether or not this is all worthwhile.
The entity that did put up this effort to save ERHC from Bankruptcy actually caused huge problems for shorters and other alledged NON-stakeholders that follow ERHC on a daily basis.
Even the assumption that this entity or person will throw in the towel at this point in time, because the share price has not yet moved, is of course hilarious. Because they are in the middle of a process of either further litigation (like Krombacher explained to you: not likely) or moving ahead.
Does anybody really think that at this very moment, this entity is pulling the plug... because it all ain't going fast enough with ERHC?
lol.
Recent ERHE News
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
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