ERHC Energy Inc (ERHE)

[Krombacher]

Every bearish argument has been wrong.

A going concern statement which said bankruptcy within a year would come to pass but didn't come to pass at all in nearly a decade.

The bearish prediction of another reverse split to raise funds because of zero revenue when two years of PPP forgiveness loans require revenues of an estimated $1.5 million on an annualized basis for the loans to be granted.

The bearish argument that Offor is not actually a billionaire in USD when in fact he is.

The bearish argument that there's no interest in the EEZ.

The bearish argument that Total wasn't interested in Block 4 ... until we saw differently in the court documents

The bearish argument that there would be no further interest in the JDZ after 5 dry expensive wells but then the JDZ teaser document inside the 400 pages containing a drop box link showed not only extensive study of prospective wells but also new seismic analysis showing even more potential than before.

The bearish argument that Total wasn't coming back to the JDZ after leaving block 1 of the JDZ. And yet, Total picked up several blocks that are non-ERHC blocks in the JDZ after all.

The bearish assumption that the reason ERHC wasn't reporting news was because all the news was bad news. The reality is there's obviously a lot of good news including revenues which weren't reported due to gag order by a judge through no fault of erhc. A gag order acknowledged by the SEC itself.

The bearish argument that ERHC's "outside" shareholders somehow will get "screwed" when none of the "outside" shareholders of Addax got screwed but on the contrary became overnight billionaires with as many "b's" are required to spell billions.

The bearish argument that ERHC's largest shareholder on record with SEC Filings would really secretly be selling shares for a quick profit when in fact he holds every share to the end and so do the small group of shareholders, some even accumulating until May 25th when they couldn't anymore

The bearish argument that the shares will be revoked... and years later still have yet to be.

Lol.... bears are the biggest bullshiters... especially in thinking that share price in an illiquid market mean anything.

Krombacher