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Re: vineseeker2 post# 208494

Monday, 04/05/2010 5:49:04 PM

Monday, April 05, 2010 5:49:04 PM

Post# of 362035
vineseeker, lets do the math (with certain assumptions in round numbers)

60,000,000 shares at $0.025 ea = $1,500,000 - SEO cost

60,000,000 shares at $0.60 ea = $36,000,000 FAB settlement value

60,000,000 shares at $5.00* ea = $300,000,000 - SEO after drillling result value

Why would a billionare not hoard shares so that he ends up with an additonal $265,000,000? What do you suppose he may know about the ultimate value of ERHE common shares tha you might not?

*Posters here have inidcated that SEO won't sell out for less than $10, and others say that they will sell at $2.00, so I used $5.00

Regards