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Monday, June 01, 2020 5:17:58 AM
The insider 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.
That is why Warren Buffett is educating people not to try and find answers in the share price of a company. Proper DD is what this ERHE insider did, before going ahead with this court-trajectory. I'm sure this majority owner did not just look at the share price of ERHC in order to justify his decision for giving the green light to go ahead with this lengthy, expensive and time consuming process.
And suggesting that this ERHC insider now suddenly wants to get out of ERHC, but found himself 'stuck' with his majority percentage, just when the end of this successful trajectory is in sight, is a hilarious suggestion.
And this is the very reason why Warren Buffett has told people several times, NOT to look at a company's share price in order to find answers about that company's investment potential. If he had done it that way, you would have never heard about Warren Buffett. It is more than obvious that ERHC is currently undervalued. And that is were the massive problem lies for ERHC shorters.
The Doctor.
Recent ERHE News
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