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Wednesday, August 05, 2020 5:10:15 AM
I explained what the currently reality is, but it seems that for some 'the share price' is all the DD they have to do, in order to make a sound investment decision regarding ERHC... mmm.
If it were only that simple, certainly with OTC stocks...
One would ask oneself: at WHAT price would ERHC be a 'buy' if one only needs to look at the share price as a matter of DD?
Lol.
I can debunk the 'share price DD' narrative via a simple question:
Which one of the two following observations OVERRULES the other? Which one of the two groups has had the most tangible information to make a sound 'investment' decision:
1. The circle of people 'in the know' about, amongst others, the contract with TOTAL, is not willing to bring the share price any higher than current levels, suggesting that they perceive the TOTAL contract, amongst others, not to be very valuable.
2. The real 'insiders' and/or litigation-funders that decided a few years ago that fighting Kosmos via expensive litigation was worth the effort in time and money (they did not fight back via litigation, just to get their money (and time) invested in that very same litigation back).
If the people from group 1 are right, then that immidiatelly implies that the insiders in group 2 are/were wrong.
Now how big is the chance that group 1 knows better that group 2? Group 2 are people that are really in the know, and group 1 is a group that has to make a guess based on (for them) available information, even if they are friends/family.
Now why doesn't group 2 give more information to group 1, in order to generate higher demand for ERHC stock? Isn't the purpose of group 2 to, in the end, to justify the investment in litigation by pursue a higher ERHE share price?
In other words: why is group 2 currently not doing ANYTHING to 'pump up' the ERHC share price, via PR's (let alone to the general public), or even by complying with SEC filing regulations, etc, etc?
Friend and Foe must admit that it is very hard to explain why ERHC management is (has) not 'advertising' their company in any way, shape or form to the general public, to generate a rewarding outcome for all the litigation efforts, in the form of a higher share price? It seems indeed that they just don't care... to get the general public to buy ERHC stock.
If investing in the stockmarket was as simple as just looking at a share price we all would have been rich without any risk involved...
ERHC doesn't (and didn't) even bother telling the general public about the ongoing lawsuits (and outcomes) via a few short PR's on the ERHC website, after all that litigation effort they put in. Why is that, while they have been succesful at least in one courtcase?
If anybody thinks that looking at 'the share price' is sufficient DD for a company like ERHC... mmmmm.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
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