ERHC Energy Inc (ERHE)

[vineseeker2]

Bomo, anyone acquiting more than 5% of the shares would have to file with the SEC, that would be in the neighborhood of 35,000,000 shares. Keeping the share price low would allow "friends of SEO" to buy in at a good price before any big news skyrocketed the price. It was also implied that certain nigerians might be holding shares in their name for others. SEO has admitted to being worth 3 billion, Elendureports.com say it six billion, I have always wondered if that was because the other three billion was "not really his" but was somebody he was holding for. I think the lattest company Starcrest Nigeria, is rumored to have other owners who's name cant be on the shares just now.