ERHC Energy Inc (ERHE)

[stockhocker]

When did that article actually come out? I find it odd that he normally publishes on Thursday evenings, and within a few minutes, 2 or 3 posters have copied it on various boards. Why did this piece not hit the boards until Saturday?

The other thing that's very curious is that BM knows this, but shareholders do not. If it was the ERHC board that leaked it to Barry (who else could it be), that limits us to let's see... who are our board members, anyhow? It's not the two new guys - they don't vote. So, Offor, Memon, and who else voted to consider this offer as being on the table? Who could the source be - the possibilities are quite limited.

Obviously, the major US shareholders (Nugent, Wilson, Mongo, who else?), know about the offer? Did they spread the word to BM - that would not make sense if we think it is they that seek to keep the price down.

Another interesting point is that now we have conflicting theories of who wants to suppress the price for what reason...

Some of us thought it could be Offer to get better financing terms. If he leaked the buyout news, that would certainly not be consistent.

If it was other insiders/buy-inee that wanted to keep the price down (to get better price on accumulated shares), they would not have leaked this information.

Things that make you go "hummmmm"...