ERHC Energy Inc (ERHE)

[tryoty]

Think before you attack. I was merely making a point to show the effect of dilution on your holdings. The $10 example, $3.33 loss to you, and $6.66 subsequent share price were all accurate when you realize the dilution of 248M shares on 743M outstanding is 33%.

The $10 hypothetical share price, as with the 30% hypothetical dilution, were arbitrary numbers to make the point. I wasn't preparing a report for the bean counters to go over with a fine tooth comb.

I too would be happy with $7 per share right now. That's easy to say when we're trading under a dime. However, if they do strike big oil after a 248M share dilution demanded by some, that 33% loss in gain in our accounts would loom LARGE in our heads.