Replies to post #340381 on ERHC Energy Inc (ERHE)

[oldoil]

I certainly agree with most of what you are saying. I'm also interested in this quote:

"Shareholders are not stuck. The name of the game has always been for erhc to monetize its assets through partnering with large oil companies with an eventual buy out. It makes no difference whether the company is public or private."

We agree that ERHC's assets have great value. I'm wondering why they would sell out? Instead of taking they're cash and continuing to roll in to other properties. SEO is a celebrated businessman, especially well know in Africa. I also think local politics would help ERHC acquiring more/better blocks to continue to operate.

You think buy out? Why?

[ponzi_implosion]

That’s odd. Their website says otherwise. Why would that be?

[ssc]

Once again the 1.5 billion shares short in secret foreign accounts story as the way a small circle of investors will profit, yet not a shred of proof to support it. It is obvious that the current blacked out erhc or a private version of it will share nothing with outside shareholders, not millions of dollars in cash for dividends, not information and certainly not any future gains should they occur.

Then imagine, erhc's strategy worked except for that 1 little annoying detail, the share price.

And how could anyone believe a private erhc run by Offor and friends would be more transparent than the public company. Unbelievable. No wonder eager sellers have kept erhe from going above 1/10 of a penny for over 3 years.