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Re: badog post# 340001

Friday, 07/31/2020 5:11:28 AM

Friday, July 31, 2020 5:11:28 AM

Post# of 362566
Hi Badog,

My friend, thanks for visiting us again in regards to the newsarticle about ERHC's Peter Ntphene joining the African Energy Chambers' New Advisory Committee.

I would like to ask you to read post 339987 again, in which I argued that this appointment of Peter gives more credibility to ERHC as a company.

You said: "The shit hit long long ago. Just hard for stuck investors to accept."

Maybe it's good to remind you that these so called "stuck" investors (a premise that has been debunked here numerous times already), bought most of their shares in the .0001 - .0004 region.

So it's not hard at all to "accept" for longs that "the shit" happened long ago, they even acted on that "shit" long ago. It's is in fact the other way around: it is hard to accept for the people that took a bet on the demise of ERHC long ago, that ERHC is still alive, and they still don't accept it. They are very vocal about it.

ERHC is still not bankrupt, and Peter Ntephe is even (allowed to) stepping up in the publicity, by accepting this appointment. This is not bad news for longs, by any stretch of the imagination.

For the ERHC share price this is not relevant, not only because of EMH, but also because of the fact that proper DD into ERHC's whereabouts is difficult. For example: even longs did not know about the 400+ pages of litigation for most of the last years. It's still not visible for the 'main public'.

So the recent news should not be linked to a higher share price, but it should be linked to more credibility for ERHC itself.

So, I'm not 'stuck' in ERHC, Badog. BUT I do know people that ARE stuck in ERHC, by the way. They are very vocal and visible in regards to the whereabouts of ERHC.

Again, thanks for visiting us here, in reaction to the latest encouraging news:

https://energychamber.org/2020/07/29/after-covid-19-african-energy-chamber-pushes-for-renewed-exploration-drive-with-new-advisory-committee/