Replies to post #344038 on ERHC Energy Inc (ERHE)

[emdyal]

What would you prefer to call this entity then ?? How about certain IOCs trying to steal all those millions of acres of ERHC assets !

[Julius Erving]

You cannot prove that there are no ERHC shorts. Prove it!

What I can prove though is in post https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160510803

Important, because this very likely indicates that there are indeed a few people that took a huge bet on the demise of ERHC. That was a plausible scenario, back then. But not anymore...

"Total had secured a Partial Arbitral Award (“Partial Award”) stating it has a valid and enforceable interest in Block 4. (Case No. 14-18-00981-CV, Appx.2, Ex. A)."

The bottom line here is very simple: what some (potential) investors read in 'the share price' is in direct conflict with the very existence of multi-year, expensive litigation and figthing against revocation. Skeleton-like shells' of companies do not engage in litigation over an exploratory oil block.

Unfortunately there will be no shares available anymore at these prices.