ERHC Energy Inc (ERHE)

[vip1999]

The public float is said to be 340-360 million shares. about 200 million shares are lock away by a small group of investors if not a single investor. the true float is about 150 million shares. Another word. If they can convince SEO and the big share holder(s) to sell at certain price. We the small shareholders will most likely has to follow.

Even if you vote no but the majority vote yes, it is still a go.