ERHC Energy Inc (ERHE)

[ssc]

The price is after the r/s. By my estimates, dickran is stuck for about $140k, his followers I'd guess close to another half a million.

400 million shares x $.00035 =$140,000

1.2 billion shares x $.0004 = $480,000

This based on dickran's claims that he and his group own more than half the erhe 3 billion shares and with the very liberal assumption that all the shares were purchased at $.0004 or lower. Of course dickran was promoting his/her "dilution insurance" strategy and recommended buying from 14 cents all the way down. Called it the opportunity of a lifetime. Sad to see so many get sucked in for so much money, but the promises of triple zeros to $8/share were apparently impossible for some people to resist.