So exciting and yet no one wants to pay more than 11/10 of a penny for a share of erhe. And now we see that the settling of all litigation claims with finality means there is no longer a gag order in place. So what is preventing erhc from reporting financials and other material information to the SEC and to its shareholders?
There should be no need to speculate about things like how many shares does Offor own, or the current blocks owned by erhc and their ownership percentages, or if there actually is a deal with Total or anyone else, or why erhc prefers to operate in secrecy like a private company. Yet here we are, more than 70 days since drilling in the EEZ and current shareholders continue to sit in the dark with shares near zero.
Instead of information owners of a public company have a right to know, there is a steady flow of false narratives about things like massive short positions, status of preferred shares, done deals, supply of erhe shares and $54 share price.
Caveat Emptor? No surprise, particularly when a small group of investors is stuck with over 2 billion shares and erhe's largest shareholder with 400 million shares alone leading the false narrative barrage as he/she desperately tries anything to increase share price - even quoting Warren Buffet as if he would ever come anywhere close to a tripe zero, non-reporting, caveat emptor stock like this one.
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