Final Post: The Outcome is What Matters
At this point, it feels like we’re going in circles with the same arguments. I’ve rebutted the same points repeatedly, but in the end, the truth is going to determine the outcome—whether that’s in the coming months, by March, or beyond. No amount of posting—whether optimistic or pessimistic speculation—will change the ultimate result. It’s all going to come down to what unfolds.
It’s clear that no one is switching sides, much like a presidential debate where everyone has chosen their candidate. Nobody’s mind is going to change with more words or talking at this stage. The Milk the Shorts campaign did, however, give us some important insight. The shorts kept the price below half a penny, avoiding the margin call that could trigger a short squeeze. This tells us that even the smallest catalyst—whether a buyout by Shell, Total, or a merger with StarCrest or Chrome—isn't required. Even a small catalyst like a penny dividend could force shorts into a margin call, as they wouldn’t let the price climb above half a penny. And a penny dividend is still greater than half a penny, which would be enough to start the squeeze.
Now, let me put it in a way the shorts might understand a little better: Remember the movie Saw? The antagonist, Jigsaw, didn’t bother giving his victims any easy way out. He made the chains so heavy that their only option was to saw through their own limbs, not the chains. In the same way, shorts are now in their own bear trap, stuck in a position where the only way out might be to saw off a limb—through a premature short squeeze. Sure, they might escape, but at a brutal cost, losing a lot of money. Without that desperate move, though, they’ll remain trapped until the backstop locks in, and by then, there will be no limbs left to cut. So, to the shorts, I say: “Come play my game.” This is the purification you need.
Also, I want to point out something very interesting: Peter Ntephe, CEO of ERHC Energy, has been posting presentations on LinkedIn related to refineries. Now, we know that historically ERHC Energy hasn’t had the core competency to deal with refineries—they’re in upstream exploration, not downstream operations like refining. However, the entity known for its expertise in refineries is the Chrome Group. This strengthens my belief that StarCrest, which is a Chrome company, or Chrome itself has merged with ERHC Energy. This would give ERHC the downstream competency in refineries. So, I think some very interesting developments are happening behind the scenes, and I look forward to seeing them unfold.
With that knowledge, we can rest assured that any catalyst is sufficient to trigger the result we’ve been waiting for. Until that day comes, I don’t see any reason to keep posting. I’ve said what needs to be said, and unless there are new points to bring up, I’m stepping back. But when we hit the first day of the short squeeze, I’ll be back to help guide long-term investors—both in my group and outside it—through T + 3 and the backstop.
There will likely be attacks, misinterpretations, selective reading of financials, and the usual tactics from short sellers. But with zero volume for well over a year, it’s clear the long-term investors aren’t selling. We’re all just waiting for the outcome—and that’s what matters most.
Krombacher
AI
