that by a factor of two to account for the (roughly) 50% of price conversion feature. And that assumes the price is around $.03 when conversions take place.
If there isn't great news released ahead of those conversions the lenders are going to get caught holding the debt. There's no market for ERHE shares until convertible debt is off the table.
21M shares with no buyers at *any* price is what I see them holding.
I'm won't even *consider* buying any until convertible debt is eliminated.
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