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Strategyone

05/11/16 11:13 AM

#8396 RE: manuel06 #8395

My take:

1) SEO being only a 14% owner right now is better than 43% owner as it should give the general shareholder population more voting control in the future. This will help the long term outlook of new shareholders as the company valuations grow more in line with their assets. That said, I still like SEO's political connections in the region of the globe. It doesn't hurt.

2) Even bigger reason to have a positive outlook... that $250,000 investment last year is way more recent than his original $6,000,000 over a decade ago. That recent investment is at a $0.263179 price per share (post split adjusted) which SEO would probably like to get a positive return on. Shares are currently trading at $0.08. You do the math.

3) I believe there is a very strong possibility that SEO will raise his percent ownership again but I don't think it will get back to 43%. Yes, that means another influx of cash from SEO or Chrome, into ERHE in exchange for shares. If oil is hit, I think we will see a very quick deposit in exchange for a past 30 day average pricing AS the stock begins a very powerful accent in price. Almost a guaranteed win/win.