ERHC Energy Inc (ERHE)

[ssc]

Of course 5 billion is not true. I only pointed out the fact that a new narrative based on up to 5 billion shares is now in play. Obviously Offor doesn't own all the erhe shares, and there are not 1.5 to 2 billion shares short in secret foreign accounts.

The fact is a small group of investors fell for the dilution insurance nonsense and is now stuck with 1.5 billion shares and no buyers in sight as the possibility of revocation hangs overhead. Privatization of erhc would be the final nail in the coffin for outsider longs. erhc has already been acting like a private company by not filing financials, not holding annual shareholder meetings and not providing transparency for over 2 years. The share price hovering near zero reflects this.