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Krombacher

04/25/24 8:52 AM

#360590 RE: ssc #360586

I never said the covid PPP was an ongoing revenue stream, but they had to demonstrate revenue for two years running in order to get PPP funds two years in a row. To get the amount they got, I estimate that they had to prove they had annual revenues of $1.6 million for each of the two years. I also speculate that if they made $1.6 m in each of the two years to qualify for the PPP covid funds, then it's very likely they've been making this revenue in non covid years as well.

You don't seem to know how to read your own quote.

The quote doesn't say "if ERHC actually finds a partner, working capital will be needed"

It says, "Erhc's ability to exploit existing and prospective opportunities will depend on its ability to raise the requisite financing to meet its working capital needs" which it can only do by finding a partner.


I don't lie, you just don't understand what constitutes a lie because you yourself lie so much. For example, you claimed Offor is not a billionaire and you claimed there would be a second reverse split. None of this was true.

Krombacher