Replies to post #326031 on ERHC Energy Inc (ERHE)

[johnnieisrotten]

" But, I don't think SEO, the only shareholder who matters, cares one bit about the short term price action of the company"

SEO is broke and probably doesn't care about this minnow anymore.


https://www.premiumtimesng.com/news/headlines/242570-exclusive-top-pdp-financier-emeka-offor-broke-shuts-company.html

[midtieroil]

There are a lot of insolvent companies that continue to trade where all the existing common stock equity has been completely wiped.

Why do they continue to trade? I don't know but it's probably because some don't understand their shares are worthless and a few traders are taking advantage of that lack of knowledge.