I can only SMILE:
SSC: "Both groups are right."
DOC: "No way, impossible! Explain!"
SSC: "Group 2 (whoever that is) with its inside knowledge sees ways to profit from its litigation investment (however large of small) that have nothing to do with erhe's share price."
DOC: "Say WHAT???? Come again? They see ways to profit from its litigation investment that have nothing to do with ERHE's share price???? SAY WHAT? Explain, bro, because this is the crux of the matter.
SSC: "Listen to the message of the market. Price action and volume, or lack there of, have predicted accurately and in advance the path of erhe shares since it hit $98.90 split adjusted."
DOC: NO BRO, THE WHOLE POINT OF ALL THIS IS THAT A PRUDENT INVESTOR WHO IS SPENDING TIME AND MONEY ON ERHC (and the ERHC chat board!) ON A DAILY BASIS SHOULD NOT LISTEN TO THE MARKET NOW, SINCE IT IS A WHOLE NEW BALLGAME! I EXPLAINED WHY IN THE POST YOU ARE REFERING TO! SHORTERS EXPECTED THE DEMISE OF ERHE, BUT IT DID NOT HAPPEN.
SSC: "Group 2 (whoever that is)"
DOC: "Say what!?! How about ERHC management and the litigation funders...
SSC: "Group 1, with its knowledge of everything they know, is not willing to buy erhe above 1/10 of a penny (this is a fact) because they recognize the risk of revocation or another reverse split if erhc stays public and needs to raise capital, and obviously know a buyout with a 20,000% premium lol or a massive short squeeze when there are no share short (double lol) are not in the cards."
DOC: "BRO, that is the whole point that needs clarification but isn't given! Read again:
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.
Badog, maybe you should give it a try? You haven't so far bro...
Remember, it's THE CRUX of the matter.
By the way: there is no risk for going private, you've seen the SEC link numerous times. Owners stay owners.
READ:
Moreover, revocation will not be overly harmful to whatever business operations, finances, or shareholders ERHE may have. See Eagletech Communications, Inc., Exchange Act Rel. No. 54095, 2006 SEC LEXIS 1534, at *9 (July 5, 2006) (revocation would lessen, but not eliminate, shareholders' ability to transfer their securities).
Revocation will not only protect current and future investors in the Company, who presently lack the necessary information about ERHE because of the issuer's failure to make Exchange Act filings; it will also deter other similar companies from becoming lax in their reporting obligations.
A new registration process will place all investors on an even playing field. All current investors will still own the same amount of shares in ERHE that they did before, though their shares will no longer be devalued because of the company's delinquent status. All investors, current and future alike, will also benefit from the legitimacy,
reliability, and transparency of a company in compliance. The period of revocation will protect the status quo, and will give ERHE the opportunity to come into full compliance, to calmly and thoroughly work through all of ERHE's issues with its attorney, consultants, auditors, and management, and to complete its financial statements in
compliance with Regulations S-K and S-X
(Post 335210, amongst others)
