Replies to post #362526 on ERHC Energy Inc (ERHE)

[ssc]

What's flawed is the fact that no one, including erhc's largest shareholder (you), has any idea how much has been paid to insider executives, consultants, or anyone else for over 5 years because erhc has chosen not to disclose any financials. Once again your "if's", "assuming's", and "speculation's" are based on nothing but the hopes and dreams of a largely stuck shareholder of a stock worth near zero. mba? cfa? cpa? Based on the track record of financial "speculations" exhibited over the last decade maybe retake the GED with fingers crossed to pass.

[badog]

I also did a study of what is truth vs. speculation. My study revealed that ERHE sp is .000001. What fraction of a dollar is that? One hundred thousandth of a dollar? Or less? I don't think I have ever seen a sp this small.
Truth is that out of the total investment community only a very few....who incidentally are STUCK with worthless shares and could only sell at a loss....would ever entertain the idea that ERHC is somewhere they would want to risk their money. All the speculation you can provide does not change the view of 99.999% of the investment community. This includes those who are close enough to the actual info (ERHC, Shell, Sao Tome, Total, Kosmos) or associated with those who have seen or heard info regarding block 4 thru friends or relatives, etc. There is always a leak somewhere. Yet no rush to own shares...even before it was delisted in the USA market.
I always look for compelling evidence of the current state of a company. In this case the sp is the only compelling evidence. No information is supplied by the company. Could something change. I suppose. In fact if the $8 sp from a short squeeze ever materialized so much the better for me. But at this point in time that looks like extreme speculation with nothing to back it up.
Badog

[nwtf]

More bullshit.

[sideeki]

I think the worst thing that can happen to ERHC now that they have lost Block 4 is for them to get some money from Shell and then have Peter go looking for other blocks/countries to invest in. He lost the Block 4 prize and has a proven history of wandering around until all the money is gone. And that would take another ten years back to where we were 20 years ago.