Replies to post #337614 on ERHC Energy Inc (ERHE)

[ssc]

What hype? You cannot be serious. Hyped all the way down, from the failed 7 cent offering that offor stayed out of, followed by:

Won't go below a penny

Won't ever do a reverse split

Convertible debt not toxic

No dilution, transfer agent not gagged

Buying opportunity of a lifetime as stock price was at $.0021 BEFORE the reverse split (split adjusted $.21)

Big Kaboom hype promotion

Buying opportunity of a lifetime at .14 after r/s

Management learned lesson, would never use convertible debt again (which was followed almost immediately by more convertible debt and another 3 billion shares issued).

Isn't it strange how every stair step down from split adjusted $7 was accompanied by assurances that it couldn't go much lower. Well, finally those assurances are right, this close to zero it can't go much lower.