ERHC Energy Inc (ERHE)

[Krombacher]

If short sellers don't want to have an exit out of this investment by disincentivizing longs from selling with a $.000001 share price, one can only logically conclude that shorts have decided to wait for the final outcome.

That final outcome, I think and believe, will be the short sellers' broker confiscating all their assets in order to use them to buy and deliver TTE shares to the accounts of the longs.

It will simply happen one morning as a surprise.

But the alternative for shorts isn't much better, which is to offer a penny or two at the risk of catalyzing a massive short squeeze into the dollars.

So the shorts have de facto chosen the default fate... and they have to live with that. Their only hope is that somehow the above doesn't come to pass. But with oil apparently source flowing out of block 4 based on the article that kingpindg posted tells me that the shorts are wishful thinking away a doomsday scenario which is more probable than they would like to believe.

Longs have nothing to lose by holding on, and guaranteed to lose if they sell at $.000001.

So they will hold on.

Krombacher