Replies to post #309838 on ERHC Energy Inc (ERHE)

[ferab]

Again - You said it Right !

[ssc]

Surely you are not trying to imply anyone like Blackrock will be involved with ERHC. HDY had tons of cash, was listed on AMEX when Blackrock stepped in. ERHC, not.

Regarding continuing toxic debt, the issuing had to stop because there were not enough shares available to support new notes. Now after a 1:100 r/s, armed with 2.7 billion shares to issue, that problem will be eliminated.

[tryoty]

I know what you are thinking with Kaboom and the idea has merit. However, let's clarify the mountain ahead for this company...

A little over a year ago the market cap was $75M and it traded at 10 cents.

*If* the shares stay at this level until the split it will once again trade in the 10 cent range... but to restore the market cap to $75M, which don't forget was a 90% drop from the highs of 2009, it will have to run from 10 cents to $2.50.

...and that is to restore the market cap to where it was after the 90% fall! This thing is so far down the toilet it's hard to comprehend the monumental run that will have to occur... just to get to year ago decadal lows.

It's sickening.

[nwtf]

You are comparing apples to oranges. Just because you keep repeating it doesnt mean its true.