ERHC Energy Inc (ERHE)

[Strategyone]

Ok, the 200 share transaction at .0006 was unimpressive and the type of transaction that seems to go on here and there. However, who and how picked up 5.9 million shares? That seems like an intentional purchase by someone and it can't happen in the US due to the grey sheets issue. Admittedly, 5.9 million shares at .0005 is only about $3k in dollars but it is still not easy to do with the current status of ERHE. Maybe this is a sign of something about to happen????

It sure would be great if ERHE would start working on getting current in the filings and get off the grey sheets for US shareholders. Hopefully, the gag order will provide some way for ERHE to start reporting again soon.

I guess all of this is a moot point if a buyout offer is extended while on the grey's and they wouldn't ever need to get current again.