ERHC Energy Inc (ERHE)

[ssc]

Accidentally clicked on the 1st sticky post. Reading thru it I found, not surprisingly, yet another one of dickran's Total buyout fantasies he/she claims will make him/her a billionaire lmao. The scenario which gave birth to the infamous "any day now" buyout nonsense:

With the lawsuits over with now... only a matter of time for that buy out to occur and it must occur prior to the licensing expiration of Nov 2024.

So backing out the timing... any day now there should be a buy out announcement in order to also secure drill ships and what have you before Nov 2024, to give them reason to pay for the costs of further extending the license past Nov 2024.

Three months later and not a word about a deal of any kind. In fact, erhc issued the following statement in an 8-K regarding its ability, or lack there of, to execute any tpe of deal:

ERHC’s ability to exploit existing and prospective opportunities will depend on its ability to raise the requisite financing to meet its working capital needs.

So another sticky post documenting the scope of erhe's largest shareholder's baseless claims, false rumors and outright lies. Meanwhile more short selling bullshit and tales of an African Queen as erhe share price remains near zero.