Replies to post #306469 on ERHC Energy Inc (ERHE)

[lovemelongtime]

Dimantled could be a good or bad scenario , to be sold to a shell company or we know what the bad scenario is, it's talked about constantly here ad nausium on this board, btw my conection with big Jane is through a friend I played cn a college basketball team with in another lifetime, used to be able to dunk at 5ft 8 but know my vertical is 2 inches lol. Love your posts and perspective here bro

[emdyal]

This company is being dismantled intentionally by Ntephe and Odobulu.

I said at least a year ago is that there was always the danger of their finding a mechanism to transfer the ERHC assets to Offor and they do appear to be doing just that.

One clue that has always been there is their failure to communicate and promote ERHC at almost every turn as they destroyed the share price.

What else could explain Offor standing back and watching as the the market cap decimated from over a hundred million to single digits in less than a year if there was not going to be a big pay off for himself as the game played itself out !

[midtieroil]

Not only that, the last number ERHC published in the 10Q seems to be false. They said that the number of outstanding shares on 3/31 and on 4/30 are exactly the same. During the month of April about 1,880,000,000 shares of ERHC were traded. And, apparently, the company is trying to get us to believe 0 shares were issued during the month of April to any of the convertible debenture holders.

I would like to think this number is correct or is just an honest mistake. But given the fact that the company has gagged the transfer agent and is refusing to disclose the real number of shares outstanding to us makes these actions appear very suspicious. Hard to believe some are still buying into this nonsense, think it's normal and think that management should be commended for withholding vital information from its shareholders and the investing public. Hard to believe any company would stoop to these levels. And even harder to believe most shareholders are sitting around doing nothing about it.