ERHC Energy Inc (ERHE)

[vineseeker2]

emdyal, I do believe the stock price is being held down for someone's purpose. I think that Offor, according to rumor wants the 8% of the ERHE stock he used to pay the bank back. That 8% represents about 15% of Offors investment & eventual profits. By holding the stock price down he can convince the Nigerian version of the FDIC who has it now to sell to him and maybe at less than the price he traded it for.
I believe he will recover this stock before there are any buyouts or other deals. I believe Ntephe will do as many placements as necessary to keep the price down, untill they out last the Nigerian bank regulators