SSC, you’ve made several false claims and engaged in inconsistent behavior over the years that further confirm my suspicions of your true motives. Let’s break this down:
1. Short Seller Involvement: You’ve repeatedly tried to deny the existence of any short sellers, but I base my claims on math, common sense, and years of observing the ERHC situation. Emeka Offor, as one of the original architects of the EEZ and JDZ, would not have allowed himself to be diluted to oblivion. It’s highly likely that he acquired a majority of shares, but under a gag. Knowing that shareholders collectively own 55%, and being certain that Offor owns at least half, if not 90%, simple math indicates that significant short selling must have occurred.
2. Cyberstalking Behavior: Over the years, through nuanced conversations with you, I’ve come to know that you are a short seller. For years, you were unable to deny short selling without adding qualifiers like “no billions of shares are short,” which still allows for 900 million shares being short. Who spends 17 long years posting here without any financial motive?
Additionally, you admitted to following me from a private chat room to iHub, which is concerning. However, your claim falls apart when we look at the facts. You joined iHub in December 2006, while I joined iHub in December 2007—a full year later. It’s rather strange that you claim to have followed me from another platform when you were active on iHub well before I even arrived. This inconsistency raises serious doubts about your honesty and reinforces my belief that you’ve been cyberstalking me with a financial motive in mind, possibly even violating laws.
3. Negative Posting Style Across All Forums: Interestingly, your posting behavior on other stock forums follows the exact same pattern. You only ever focus on the negatives of a company, not just with ERHC, but with every stock you discuss. There isn’t a single positive post from you on any forum—this repetitive negativity is a classic hallmark of short sellers who are financially incentivized to drive stock prices down.
4. Peter Ntephe & Offor’s Share Ownership: While in a conversation with Peter Ntephe, it was confirmed that Offor is not the chairman of ERHC, which is an important clarification. However, just because Offor is not the chairman does not mean he doesn’t own a super majority of shares. The ownership structure remains opaque, but his involvement remains highly likely given his history and the importance of ERHC to him.
5. Confirmation of Sunny Oputa’s Statements: Before his passing, Sunny Oputa told both me and another shareholder that SEO was the chairman of ERHC, adding weight to that claim at the time. While I no longer believe Offor is the chairman due to the information from Peter Ntephe, this discrepancy still doesn’t undermine the likelihood that Offor has a major stake in the company. Sunny’s statements were made in good faith, but clarification is now more difficult due to his passing.
6. The Logic of Short Selling & Your Motivations: Your responses over the years, including your inability to categorically deny short selling until recently, along with the way you approach the ERHC situation, suggest a financial motive. Below is a post I made years ago that explains how only a short seller, or someone closely tied to them, would behave the way you have:
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“What is the significance of the following statement:
'There are no Canadian short sellers shorting ERHC shares.'
There are four potential groups that cover every scenario in this Venn diagram:
Group 1: Those who have no idea whether there are shorts or not.
Group 2: Actual short sellers.
Group 3: Those who are not short sellers but know short sellers don’t exist.
Group 4: Those who are not short sellers but know they do exist.
If someone cannot make the statement, they are either Group 1, 2, or 4. However, only Group 2 (short sellers) will both try to convince others that shorts do not exist while avoiding the statement itself because admitting it would be fraudulent and against their self-interest. The fact that you spent 17 years on this forum, and now suddenly deny short selling unequivocally, raises serious questions about your motivations.”
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In conclusion, your inconsistencies, attempts to discredit the idea of short selling, your consistently negative posts across multiple forums, and years of activity here with unclear motives all point strongly toward you being a short seller. The facts, history, and behavior just don’t align with the narrative you’ve been trying to push.
Krombacher
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