Replies to post #340594 on ERHC Energy Inc (ERHE)

[Julius Erving]

Again: Badog, there is a question still open for you in post 340491.

All those questions asked and answered.

No, just crickets, nothing substantiated.

I also notice a changing narrative again: a narrative from a company that is virtually bankrupt and definitely worthless, to a company that is now suddenly absolutely worth it to be protected by a group of minority owning Nigerian ERHC shareholders (hence the fierce litigation over just one EEZ block), that even want the company now totally for themselves, so valuable!

By the way (courtesy Krom, post from a few months back):

The SEC could've revoked Erhc along with other companies which it revoked when the news of the suspended trading late last year broke, but they haven't presumably because like DBMM, Erhc had a similar excuse... but unlike DBMM, ERHC has yet to file.

Since then not only has erhc been trading but also unlike other stocks pending revocation, there has not been a mass exodus with barely 3% of the outstanding shares traded since the trading suspension happened. Long term investors know what they have.

More on revocation: post 335210.

On top of this all I'm not ruling out that there are 'entities' actively trying to 'entice' longs to sell their shares in ERHC, so that ownership can be transfered to them. Because it sure looks like some are trying to scare them 'insecure' longs (somewhere on the vast internet).

What would you suggest I do with my current percentage ERHC ownership, facing revocation?

Finally:

Doesn't take a lot of common sense to see why the price remains near zero with shares always for sale

I point to post 335824, saves me some time.

"Debunked" seems to be the name of the game here. Remember, we know already that everybody from 'Group 2' has an healthy interest in ERHC shares and ownership, while the average retail investors ('Group 1') knows nothing about ERHC, except of course for the few who did true DD instead of 'looking at the share price'.

The Doc.