ERHC Energy Inc (ERHE)

[Krombacher]

The fair market cap, in my opinion, is just around a dollar, 80 cents for the JDZ and 20 cents for the EEZ plus any premium for "richest block" and source oil plus any premium for starcrest, if a merger occurred, but it will go well beyond $8 a share due to the short squeeze effect.

As for 10 cents, the shorts' only chance of covering at 10 cents is if they have the courage to offer that price prior to any deal or news announcement.

After the news announcement all bets are off... and we go into dollars territory.

The shorts are too cowardly to do that, so just wait for it.

No amount of message board posting will change the outcome of events.

Krombacher