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ssc

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Alias Born 12/20/2006

ssc

Re: Krombacher post# 360562

Tuesday, 04/23/2024 4:18:33 PM

Tuesday, April 23, 2024 4:18:33 PM

Post# of 360709
So I'll take that as a yes, you believe Offor controls enough shares to do any of the things I listed and more WITHOUT even informing outside shareholders like you and your mindless minions about it until it was done, and certainly not giving any outsiders the right to vote on them. So increase in authorized shares to allow for more convertible debt, issuance of preferred shares, a reverse split to allow for fund raising, granting of options and/or preferred shares to himself and other insiders to allow recovery from any reverse split that might occur while wiping out existing shareholders again (as in you and your minions), payment of a dividend to only preferred shareholders, and any number of perfectly legal other actions that would enrich Offor and insiders while leaving current shareholders with what they have now - nothing.

Why would Offor want another reverse split? Come on, even an eggplant would understand why. ERHC does not have the funds to hold up its end of any potential deal. They even said so in an 8-K (you know, those SEC filings that are miraculously allowed by your made up gag order even though everything else, according to you who has never seen the gag order, is off limits lmao). So to raise cash if a deal ever actually materialized, more shares would be needed. Offor, who according to you now has limitless power over all things erhc, would do a reverse spit (just like before), wipe out all current shareholders (just like before), raise funds as needed, and do whatever it would take to give himself new shares to replace the ones that were reverse splitted away (just like before). He did it once (according to you) so he could certainly do it again.

And why do you continue to act like the authorized shares is some sacred number? According to your view on Offor's all-controlling position, he could increase that count at any time without needing any votes from you and your minions, without even telling you it was going to happen. This is one of the reasons erhe trades near zero and you are stuck, stuck, stuck.