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Alias Born | 02/28/2006 |
Monday, February 01, 2021 5:16:54 AM
What I can prove though is in post https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160510803
Important, because this very likely indicates that there are indeed a few people that took a huge bet on the demise of ERHC. That was a plausible scenario, back then. But not anymore...
"Total had secured a Partial Arbitral Award (“Partial Award”) stating it has a valid and enforceable interest in Block 4. (Case No. 14-18-00981-CV, Appx.2, Ex. A)."
The bottom line here is very simple: what some (potential) investors read in 'the share price' is in direct conflict with the very existence of multi-year, expensive litigation and figthing against revocation. Skeleton-like shells' of companies do not engage in litigation over an exploratory oil block.
Unfortunately there will be no shares available anymore at these prices.
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
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