Ruby, first my use of the word "fine" in that ERHC may have to pay the government a $5 mil "fine" (actually being extortion or blackmail by the govt but you can't say that) was incorrect. I should have been using the word "settlement" as Krom pointed out. A "settlement" that would not admit any guilt but END the investigation.
I would guess if the shareholders were asked to vote on the question whether ERHC should pay a $5 mil settlement to end the investigations, the vote would be an overwhelming YES. I would also think the BOD would be of the same mindset. After any such settlement, the share price would likely double in a few weeks. Would the payment of the blackmail be worth it? You bet!
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