Replies to post #109770 on ERHC Energy Inc (ERHE)

[stocks2rise]

I suspect you may be right. I have been holding this bag for so long my arms are now 2 ft longer! My back is out of wack and my legs are buckling from the pressure. If this sucker keeps going at the sp decline rate it has then I will have a body like an orangatan by the time it hits first oil! of course JMHO!!! LOL

[amj23]

These investigations are holding up EVERYTHING.

If we have someone or a group of someones who want to buy in/out this stock, they will most certainly want the SEC out ov the picture. If it is a buyin, they want them out so that the stock will rise with institutional investors after their announcement. if it is a buyout, they want it "clean" so they have no problems in the future, just because you buyout doesn't mean ERHC's little problem goes away.

Bayfisher is right, this is the problem and was put there intentionally for the biding of time for someone. IMO. But who? Well it certainly worked.

When we get new management, I bet we have a series of announcements either before or after.