Bro.
You don't know if ERHC doesn't have enough cash to pay accountants. The information you have is outdated. They may have it now if Total or someone can pay for their lawsuits, IRS lien extinguishment, etc.
You don't know if ERHC is unable to comply with SEC filing regulations NOW. It did once, but for all you know it is in process.
We may have been banished to the Greys, but we are also on the Expert Market. Furthermore, you don't know if revocation is imminent.
The share price doesn't matter only Total's prices matters.
No need for annual shareholder meetings if Offor is the super majority shareholder.
You don't know if they don't have a working phone. Maybe they discontinued ONE phone line, but have other non-public or personal cell phones or other phones.
The company has not sunk "much lower than that". It is actually rising...with deals on the horizon and great assets.
Good thing that the company is not incurring debts and is instead extinguishing them...so yes no need for bankruptcy.
DUDE!!!! They paid for three litigations! Two international. One domestic but with appeals courts. Bro...I don't need a link to know that's expensive.
Krombacher