Replies to post #221122 on ERHC Energy Inc (ERHE)

[majicathome]

Has something to do with the S-3 filing, perhaps a sale of secutities is coming up ?

[bayfisherii]

An Effect filing is a Notice of Effectiveness.

Notice of Effectiveness: The notice of effectiveness is a public declaration by the Securities and Exchange Commission that a public company's registration statement has been accepted.

For shares in a public company to trade on the open market they must be registered by the company. These registration statements are reviewed by the Commission for a period of time before approval is given, and this notice marks the successful completion of this review process.

[seek the light]

Majic, IMO, this is the last piece that had to be put into effect in order to do BB's deal. Read the anti-takeover section carefully and understand what it really says. Any comments AA?

[ponzi_implosion]

It means the dilution is in Effect. Bigtime.

Has anyone been able to determine the preferential / superior rights of the prefered shares over the common shares?

Regards