Replies to post #308186 on ERHC Energy Inc (ERHE)

[condor1]

Strategy, on first glance , your logic of normalcy would seem reasonable.
But let's question that logic and look for detail.

If you review the "purchases" by Sewell, you might crunch numbers. He/they made several "purchases" in small increments, one or more for less than $1000, all contained within a short period of time.

If a lawyer fee charges at ,say $300+ per hour hour, it seems more logical that these "purchases" look more like costs of legal fees ,not purchases.

Also,if Sewell were truly interested in owning shares by purchase, why only now? He likely has money to buy MUCH more, with bigger share increments.And the frequency of "purchases"....

Analyze this from all viewpoints, not merely the obvious.

[pand2015]

Insiders own +/-150ML & Chrome owns ERHE 103'000'000 :
Hi, Strategyone, Chrome still appears as 10%:
Not sure if they own 103ML or 289ML
Could you pls help ?
In case, reference is the site Openinsider
(Mr.Offor indirectly)

45 results for ERHE - - - -
SEC Form 4
Trade Date
Ticker
Insider
Title
Shares
Insider Trade
Value
Owned
Held
Aug 6 17:59:43
MMay 20 2015
ERHE Sewell Legal Practice, Pc Counsel 7,510,000 Purchase at $0.00 $9,547 7,510,000 direct
Aug 6 17:37:08
MJun 12 2015
ERHE Odobulu Sylvan Principal Accounting Officer 5,900,000 Purchase at $0.00 $7,360 76,809,166 direct
Jul 16 19:18:46
MJun 25 2015
ERHE Ntephe Peter Director 6,183,479 Purchase at $0.00 $16,883 59,929,945 direct
Jul 16 18:49:51
MJul 7 2015
ERHE Odobulu Sylvan Principal Accounting Officer 3,800,000 Purchase at $0.00 $9,860 70,909,166 direct
AJul 16 17:59:09
MMay 20 2015
ERHE Odobulu Sylvan Principal Accounting Officer 10,500,000 Purchase at $0.00 $11,850 67,109,166 direct
Jun 23 16:12:44
MJun 19 2015
ERHE Ntephe Peter Director 650,000 Purchase at $0.00 $1,090 53,746,466 direct
Jun 18 21:01:26
MMay 20 2015
ERHE Odobulu Sylvan Principal Accounting Officer 11,900,000 Purchase at $0.00 $13,810 68,509,166 direct
Jun 18 20:52:34
MMay 29 2015
ERHE Ntephe Peter Director 7,277,500 Purchase at $0.00 $10,831 53,096,466 direct
May 19 18:13:14
MMay 12 2015
ERHE Ntephe Peter Director 32,500,000 Purchase at $0.00 $17,500 45,818,966 direct
May 12 18:25:09
MApr 30 2015
ERHE Odobulu Sylvan Vice President and Controller 41,750,000 Purchase at $0.00 $20,600 56,609,166 direct
May 12 15:24:28
MMay 7 2015
ERHE Ntephe Peter Director 1,310,000 Purchase at $0.00 $555 13,318,966 direct
Apr 21 17:10:54
MApr 7 2015
ERHE Ntephe Peter Director 4,000,000 Purchase at $0.00 $2,400 12,008,966 direct
Apr 21 13:57:48
Apr 16 2015
ERHE Odobulu Sylvan VP, Controller 4,000,000 Purchase at $0.00 $2,000 14,859,166 direct
Apr 7 18:08:02
MMar 18 2015
ERHE Ntephe Peter Director 2,500,000 Purchase at $0.00 $4,250 8,008,966 direct
Mar 31 14:37:54
MMar 27 2015
ERHE Odobulu Sylvan VP, Controller 3,000,000 Purchase at $0.00 $3,600 10,859,166 direct
Mar 16 17:23:39
MMar 2 2015
ERHE Ntephe Peter CEO 2,400,000 Purchase at $0.00 $6,366 5,508,966 direct
Mar 16 17:03:12
MFeb 12 2015
ERHE Odobulu Sylvan CFO 2,910,000 Purchase at $0.00 $12,003 7,859,166 direct
Feb 6 11:51:24
Feb 2 2015
ERHE Odobulu Sylvan CFO 440,000 Purchase at $0.01 $3,696 4,949,166 direct
AFeb 6 11:47:43
MDec 16 2014
ERHE Odobulu Sylvan CFO 3,720,000 Purchase at $0.01 $32,480 4,509,166 direct
Feb 6 11:37:59
MSep 30 2014
ERHE Odobulu Sylvan CFO 459,600 Purchase at $0.05 $22,980 789,166 indirect
Feb 6 11:23:13
Sep 30 2012
ERHE Odobulu Sylvan CFO 207,900 Purchase at $0.14 $29,106 287,900 indirect
AJan 27 17:40:18
Jan 21 2015
ERHE Ntephe Peter CEO President 500,000 Purchase at $0.01 $5,500 3,108,966 direct
Jan 27 14:26:24
Jan 21 2015
ERHE Ntephe Peter CEO President 500,000 Purchase at $0.01 $5,500 2,351,467 direct
Jan 22 21:39:46
MDec 16 2014
ERHE Odobulu Sylvan CFO 3,720,000 Purchase at $0.01 $32,480 4,085,000 direct
Jan 22 21:26:08
MDec 19 2014
ERHE Ntephe Peter CEO President 757,499 Purchase at $0.01 $9,467 2,608,966 direct
Jan 22 21:16:28
Dec 15 2014
ERHE Ntephe Peter CEO President 200,000 Purchase at $0.01 $1,500 1,851,467 direct
EApr 29 2013
Apr 27 2013
ERHE Odobulu Sylvan VP Admin, Controller 41,666 Purchase at $0.08 $3,125 329,566 direct
EApr 29 2013
Apr 27 2013
ERHE Uzoigwe Andrew Director 158,333 Purchase at $0.07 $11,875 693,333 direct
EApr 29 2013
Apr 27 2013
ERHE Ntephe Peter CEO, President 356,295 Purchase at $0.07 $26,722 1,127,467 direct
EApr 29 2013
Apr 27 2013
ERHE Jeter Howard Director 133,333 Purchase at $0.07 $10,000 458,333 direct
DEApr 29 2013
Apr 27 2013
ERHE Oviawe Friday Director 41,666 Purchase at $0.07 $3,125 126,666 direct
Sep 20 2011
Sep 17 2011
ERHE Odobulu Sylvan Principal Accounting Officer 30,000 Purchase at $0.10 $3,150 80,000 direct
Sep 20 2011
Sep 18 2011
ERHE Ntephe Peter President, CEO 51,000 Purchase at $0.11 $5,610 745,172 direct
Aug 30 2011
Aug 26 2011
ERHE Ntephe Peter President, CEO 120,283 Purchase at $0.13 $15,204 694,172 direct
ADFeb 20 2008
Mar 9 2005
EHRE Chrome Energy LLC 10% Owner 202,785,727 Other Sale at $0.00 $0 103,305,706 direct
DApr 27 2005
Mar 9 2005
ERHE Chrome Energy LLC 10% Owner 303,591,433 Other Sale at $0.00 $0 0 direct
Mar 28 2005
MJan 28 2005
ERHE Chrome Energy LLC 10% Owner 73,100,962 Converted deriv at $0.17 $12,792,668 289,237,224 direct
Mar 28 2005
Nov 10 2004
ERHE Chrome Energy LLC 10% Owner 934,890 Purchase at $0.41 $383,305 303,591,433 direct
Mar 21 2005
MJan 28 2005
ERHC Offor Emeka Director, 10% Owner 73,100,962 Converted deriv at $0.17 $12,792,668 289,237,224 indirect
Mar 21 2005
Nov 10 2004
ERHC Offor Emeka Director, 10% Owner 934,890 Purchase at $0.41 $383,305 303,591,433 indirect
Jan 5 2005
MDec 21 2004
ERHC Chrome Energy LLC 10% Owner 25,397,022 Purchase at $0.00 $0 229,528,581 direct
Jan 5 2005
MDec 21 2004
ERHC Offor Emeka Director, 10% Owner 25,397,022 Purchase at $0.00 $0 229,528,581 indirect
ADec 27 2004
MNov 10 2004
ERHC Chrome Energy LLC 10% Owner 60,641,821 Sale at $0.41 $24,863,147 204,131,559 direct
ADec 17 2004
Nov 10 2004
ERHC Chrome Energy LLC 10% Owner 10,641,821 Sale at $0.41 $4,363,147 316,602,564 direct
Dec 16 2004
MNov 10 2004
ERHC Chrome Energy LLC 10% Owner 60,641,821 Sale at $0.41 $24,863,147 316,602,564 direct
A Amended filing (a

[pand2015]

Insiders own +/-150ML & Chrome owns ERHE 103'000'000 :
Hi, Strategyone, Chrome still appears as 10%:
Not sure if they own 103ML or 289ML
Could you pls help ?
In case, reference is the site Openinsider

45 results for ERHE - - - -
SEC Form 4
Trade Date
Ticker
Insider
Title
Shares
Insider Trade
Value
Owned
Held
Aug 6 17:59:43
MMay 20 2015
ERHE Sewell Legal Practice, Pc Counsel 7,510,000 Purchase at $0.00 $9,547 7,510,000 direct
Aug 6 17:37:08
MJun 12 2015
ERHE Odobulu Sylvan Principal Accounting Officer 5,900,000 Purchase at $0.00 $7,360 76,809,166 direct
Jul 16 19:18:46
MJun 25 2015
ERHE Ntephe Peter Director 6,183,479 Purchase at $0.00 $16,883 59,929,945 direct
Jul 16 18:49:51
MJul 7 2015


Mar 9 2005
EHRE Chrome Energy LLC 10% Owner 202,785,727 Other Sale at $0.00 $0 103,305,706 direct
DApr 27 2005
Mar 9 2005
ERHE Chrome Energy LLC 10% Owner 303,591,433 Other Sale at $0.00 $0 0 direct
Mar 28 2005
MJan 28 2005
ERHE Chrome Energy LLC 10% Owner 73,100,962 Converted deriv at $0.17 $12,792,668 289,237,224 direct
Mar 28 2005
Nov 10 2004
ERHE Chrome Energy LLC 10% Owner 934,890 Purchase at $0.41 $383,305 303,591,433 direct
Mar 21 2005
MJan 28 2005
ERHC Offor Emeka Director, 10% Owner 73,100,962 Converted deriv at $0.17 $12,792,668 289,237,224 indirect
Mar 21 2005
Nov 10 2004
ERHC Offor Emeka Director, 10% Owner 934,890 Purchase at $0.41 $383,305 303,591,433 indirect
Jan 5 2005
MDec 21 2004
ERHC Chrome Energy LLC 10% Owner 25,397,022 Purchase at $0.00 $0 229,528,581 direct
Jan 5 2005
MDec 21 2004
ERHC Offor Emeka Director, 10% Owner 25,397,022 Purchase at $0.00 $0 229,528,581 indirect
ADec 27 2004
MNov 10 2004
ERHC Chrome Energy LLC 10% Owner 60,641,821 Sale at $0.41 $24,863,147 204,131,559 direct
ADec 17 2004
Nov 10 2004
ERHC Chrome Energy LLC 10% Owner 10,641,821 Sale at $0.41 $4,363,147 316,602,564 direct
Dec 16 2004
MNov 10 2004
ERHC Chrome Energy LLC 10% Owner 60,641,821 Sale at $0.41 $24,863,147 316,602,564 direct
A Amended filing (a

[midtieroil]

First, a Form 4 is registering purchases. There is no way one can spin that to mean anything else, no matter how hard one tries.

That is false. Any changes to the ownership of any shares of stock or derivatives such as options or warrants must be reported on a Form 4 by a reporting person no matter how they were acquired or how they were disposed of. It could be by gift, it could be by open market purchases, or it could be compensation in the form salary or benefits.

Second, when shares are given in lieu of salary, it is stated in the quarterly as required by auditors. Since purchases have been going on for multiple quarters, that speculation is proven wrong again.

False again. We know management was supposed to report the details of transactions with related parties like Chrome. Have they done so? Have they gagged the transfer agent? Have they omitted critical terms of the convertible debentures. Have they neglected to timely inform us of issuance of convertible debentures? Have they even been able to file the damn Form 4s on time? No they have not. Why in the world would anyone believe they would tell us about anything of importance ever and even if they do it will likely be months or years after the fact.

It's amazing how perfectly logical explanations like taking part of your salary in stock to conserve cash can be spun into something bad or something that is impossible while ridiculous theories like Kaboom are embraced like they are the gospel. I took off the rose-colored glasses a long time ago and now accept the reality of how things really are.