Replies to post #335248 on ERHC Energy Inc (ERHE)

[ssc]

Of course it's obvious that the quote you just cited meant after revocation erhe shares will show a price of zero and can't be publicly traded.

The more important point, as you so graciously pointed out, is that revocation would lessen current shareholders' ability to sell their shares.

Since you mentioned a bullshit detector, here's another argument from yesterday that produced a 100% positive bullshit reading:

People want to buy erhe shares but, just like some people who want to buy a Ferrari, they can't afford to. So in the made up alternative fact based new erhe paradigm, $300,000 is equal to 3/100 of a penny. Maybe that was one of the $8/share price assumptions.