Replies to post #311697 on ERHC Energy Inc (ERHE)

[ssc]

The math speaks for itself. $3 million market cap after the r/s = stock price of .10; if ERHC needs to raise $5 or $10 million and uses toxic debt to do it, they could easily run the share count up to 300 million (only 10% of the total a/s) and that $3 million market cap now = stock price of .01, another 90% loss without even going sub-penny.