roger wilco it appears as if you have fallen for those wild message board excuses.
Thousands of companies just like ERUC have been pushed out of business just so some greedy hedge fund can make another buck
Not that you have ever explained any of the sillier comments made here but would you kindly name a few of these companies? Since there are thousands of them, as you seem to have stated, surely you have a short list of say, maybe 3 or 4 that you can show here along with the proof that they were pushed out of business by a greedy hedge fund?
LOL!!!!!
More message board fodder that spread like wildfire but does not contain a single tooth to bite into anything. Sounds good enough for those who lose money to latch onto as an excuse but that's about it.
ERUC has some financial issues to deal with. Those financial issues include a very poor cash position that is insufficient to cover losses according to their latest financial filing. There also appears to be more than a couple lawsuits filed against them for failing to pay their financial obligations.
There has also been what appears to be a neverending downward pressure on this stock. When you look at their financials and see every quarter that their cash position is nowhere near sufficient to cover losses it becomes clear they are either selling shares to cover the difference or they are not paying their financial obligations.
It would appear from the number of lawsuits filed recently against them for indebtedness that there has been difficulty in meeting their financial obligations.
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