Replies to post #338798 on ERHC Energy Inc (ERHE)

[Krombacher]

NO NO NO NO NO!

STOP PUTTING WORDS IN MY MOUTH!!!

My break-even, or in other words, where I go GREEN is at $.0004. That DOES NOT mean that I am selling at those levels. It DOES NOT mean we are worth any LESS than $8.

The 10 cent was a bare bottom estimate from a MODEL. It cannot go lower than that according to that model.

Krombacher

[Krombacher]

There's some SERIOUS wishful, pie in the sky, thinking going on if short sellers think they will be able to cover for any less than 10 cents a share.

TOTAL NONSENSE.

Krombacher

[Julius Erving]

Common sense dictates against:

"Even the slightest move up is met with sellers anxious to dump before the stock can get above $.001."

I think not every ERHC shorter and/or non-stakeholder has memorized this quote by now:

I explain that: the entity or person(s) that paid for, and invested time into the 400+ pages of litigation regarding just EEZ block 4 alone, probably (understatement of the millenium) has the majority of the ERHC shares already. Otherwise it would not have been worthwhile for this insider to start and fight this lengthy court-process. ERHC would have simply filed for bankruptcy.

"The challenge is finding a way to unload hundreds of millions of shares of a stock no one wants, not even in the triple zeros."

Krombacher owns 10%. The other 90% is held by others, with a huge majority owned by the entity that funded and put time & effort in the courtcase trajectory, which is now in a final stage.

"Even the slightest move up is met with sellers anxious to dump before the stock can get above $.001"

Really? Does that make sense? Anxious sellers? OMG.

Like I said before: shorters and longs will have to wait until news comes out. For longs this is far from a problem. I get the impression that shorters prefer not to wait for news, from TOTAL for instance. And that is probably an understatement...

The Doctor (of common sense)