ERHC Energy Inc (ERHE)

[ssc]

Fact: erhe closed above .001 for 3 consecutive days and there was no short covering triggered. On this day that was supposed to bring an epic short squeeze caused by margin calls on the nonexistent 1.7 billion short shares in secret Canadian accounts, erhe closed down for the day and less than 5/100 of 1% of the shares outstanding traded.

A baseless claim debunked in real time by the market itself. And through it all, nothing but continued silence from erhc - no financial filings, nothing about a plan to get back into compliance with SEC regulations, no update on a Total deal that, according to erhc's largest shareholder, has now been resolved and concluded. It's as if erhc is inviting revocation and would welcome a transition to a private company.