Replies to post #305368 on ERHC Energy Inc (ERHE)

[nordicroots]

Interesting development. Maybe just working to establish some sort of follow up to to that mysterious MOU by the IOC which was PR'd by ERHC before the onslaught of CDs. You know - the one that just expired without a word. Certainly something worth watching closely. I have to wonder about the shell's holdings (or future holdings for that matter).

[Tamtam]

What does this mean IYO kingpindg?

[justintimer]

Damn, your DD is good..............thanks.

[ferab]

I'd like to know what ssc & emdyal's interpretation of this info is??

[lukin4winners]

Wow like the history of ERHE execs we have some very influential and successful people running ERHE. .10 cents a share sounds good for ERHE in the near future. Sure makes me a lot more confident about adding here under .01.


http://stockcharts.com/h-sc/ui?s=ERHE&p=D&yr=0&mn=6&dy=0&id=p65592645639

[farrell90]

Is this the "Big Jane" KABOOM? Or perhaps the first step in a KABOOM KAPOWIE ?

What are those guys up to? I believe past efforts to list on the TSX have failed. So I doubt a reverse merger.

Maybe a partial buyout then rolling the remaining assets into the TSX shell.

Is this good news? I can not envision it is likely to be bad news.

I would buy more shares but I doubt I could survive another gut punch from my wife.

GLTA Farrell

[nordicroots]

It will be interesting to see what they do with it.

I found a few interesting publications that I think are worth sharing with the board. After taking the time to read and digest, it might be worth some discussion:

Working Paper from Harvard Business School:

http://www.hbs.edu/faculty/Publication%20Files/12-089_42a5328b-f99c-426e-8d59-985c63fa3bb0.pdf

"In summary, the evidence supports the existence of strategic mimicry, which the capital market did not fully discern for many years. It also supports the explanatory power of reputational bonding to explain the fact that adoption of U.S. institutions can be used either to build reputation or to exploit relatively weak U.S. cross-border law enforcement."

Client advisory – Carter Ledyard & Milburn LLP
Read the whole thing...

http://www.clm.com/publication.cfm?ID=24

Business Insider article

http://www.businessinsider.com/sec-in-massive-probe-of-chinese-reverse-mergers-that-have-cost-investors-billions-2010-12

"Reverse mergers -- sometimes called reverse takeovers, or RTOs -- are perfectly legal in the U.S., and have been used in the past to give birth to solid public companies, including the parent company of the New York Stock Exchange itself. If there is a flaw in the process, the flaw is that it allows stock manipulators to circumvent regulatory scrutiny."

[oil-cowboy]

Without sifting through a hundred posts.... Anybody have a decent guess on what this means? Kaboom?

[dshade]

sad it is so complicated here now. been years watching this story. was in .05 decade ago and made a nice profit on moves up but man it looks dead now and not sure how this new TSX filing plays out here