ERHC Energy Inc (ERHE)

[ssc]

Triple zero non-reporting companies can linger indefinitely. Perhaps the reasons a company files for bankruptcy should be researched. At this point erhc has nothing to gain by filing for bankruptcy. It is amusing to read how insignificant the share price is but I guess that is to be expected considering it has been stuck near zero for over 3 years. Also amusing that those who know the inside story continue to find no reason to buy, even at these low, low levels.

Just a guess - when Warren Buffet talks about companies in general he is not talking about entities that refuse to report financials and offer no transparency to shareholders. Applying any of his investing strategies or disciplines to erhc is totally irrelevant.