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Wednesday, January 27, 2021 10:13:48 AM
The fact is that erhe was in the triple zeros long before it stopped filing financials.
The share price is reflecting the facts that 1)erhe has stopped functioning like a public company - no SEC reporting, no annual meetings, no transparency, no shareholder updates (and by the way, no gag orders in place to prevent any of those things), 2)the SEC is seeking to revoke erhe shares, and 3)there is a real possibility that erhc will become a private company.
Add to all that the fact that erhe is a grey market, caveat emptor, skull and crossbones stock and the company has done nothing to communicate any efforts or desire to change any of these things.
The fallacy lies in the idea that SEO protecting his investment has any relationship at all to the future of erhe shares.
The fact is the market no longer cares about erhe (see price and volume, both almost zero). The market is not saying "inform me, erhc", it has moved on and longs are stuck. The only hope is that if anything good actually happens to erhc it will once again start communicating. Obviously there is nothing good to report or they would have already done so instead of continuing the 3+ year silence.
Some unfortunate investors have been looking beyond the message of the market since erhe hit its split-adjusted high of $98.90 and it has resulted in owning shares near zero that most brokers won't even allow their customers to buy. I guess it will take help from beyond to save them though I'm not sure that help is coming.
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
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM