Replies to post #311575 on ERHC Energy Inc (ERHE)

[emdyal]

No its about the reality of a failed self serving management that should have been replaced long ago ,before they had the opportunity to totally destroy the market cap ! And the very sad part is that Ntephe has plans to bleed this company, to the last drop , of the last remaining .9% value with the RS and more loan sharking !

It really boils down to a huge over done price correction based primarily off of fear tactics employed on this board.

[ssc]

The thing about the fear gap is that it exists for a reason. The market feared ERHC would max out its 3 billion shares and because of the nature of toxic debt would be forced to either increase the a/s or do a r/s in order to issue even more toxic dilution as it continues to raise additional funds it requires to survive and maintain its assets.

Remember, the fear gap could be closed by the stock price going up OR by the number of shares continuing to increase. If ERHC reaches 300 million shares after the 1:100 r/s (which would be just 10% of the 3 billion a/s), the fear gap will be closed without any increase in share price.

On another note, price now .001 as the dumping into the reverse split meeting continues as predicted.

[lovemelongtime]

That sums it up, nothing else needs to be said, everything else posted here is pure speculation and hot air until we get the particulars on the EEZ deal and drilling commencing soon in Kenya.