Replies to post #340449 on ERHC Energy Inc (ERHE)

[Krombacher]

Common sense says if Offor controls the company then he owns 50%+ of the shares. Every company on the planet works like this.

Link please to anyone with a low cost basis looking to sell at every opportunity. Total nonsense. I have 400 million shares at a cost basis of $.0004 and I'm holding these shares until the conclusion of the Erhc story. I'm certainly not selling for a fraction of a penny valuing the company at a mere $1.2 million. Common sense says that valuation is ridiculous.

Per the bylaws, the company is not required to have costly annual shareholder meetings.

Krombacher

[Julius Erving]

How serious should a 'long' ERHC investor take the views of any 'analyst' anywhere on the internet that claims that a person or entity can have a final say in a company while not being an (majority) owner? It's the argument of a 'cornered cat'!

Common sense: non-reporting, grey market, no annual meetings, no shareholder updates, price near zero for over 3 years, not even reliable phone communications are not the ingredients for a good investment.

A repetition of moves: despite ALL the above, you concluded yourself just a few posts back that Sir Emeka Offor and friends are actively protecting their investment: ERHC. So apparently a "reliable phone communication" is not a required ingredient for a good investment here. Wasn't the whole point we started of with (and I agreed upon): that ERHC management isn't courting the retail investor anymore(!?!). So what is your point here exactly, again??? It does not make ANY sense whatsoever anymore, to repeat this quote over and over!!!

As said many times before, the play here is for those with extremely low cost basis to sell every time the price approaches 1/10 of a penny and it has been going on for quite a while.

Ah, another new narrative: Don't wait for Supermajor TOTAL S.A. to start drilling our block(s), or even the News of TOTAL S.A. planning to drill our block(s), but try to sell at 1/2 a penny or just above. Now THAT sounds like common sense, right? Also: I think it will take just Krombacher alone about an estimated '150 years' to sell his 400 million ERHC shares into the market, with just a relatively small profit, at these daily volumes! Not a well thought out plan, right? It's nothing more than a fake narrative of course!

But that is not all! Do not forget: I don't think that Offor and his 'friends' are going through the expensive and time consuming litigation trajectory with the intention to use this strategy of selling small amounts of ERHC shares into the market, at low profits. Duh.

Common sense. Right, Badog?

So again: we are full circle here.

I own tens of millions of shares, and that very fact also adds to my credibility here, when posting certain common sense views. If I, the Doctor, claimed to have no financial skin in this ERHC game, it would erode my credibility here for sure. Something to keep in mind...

In a next post I will address HOW "Offor and friends" are protecting there investment, since we now established that in fact THEY are protecting THEIR ERHC investment: since they of course are looking for a substantial ROI.