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emdyal

10/13/10 9:35 AM

#225438 RE: Krombacher #225435

Can't you see that they really do not have the option of going to the trough "any" more times, with the sp at these levels. The thought of raising a significant amount of money without a major boost in the share price is just ridiculous and naive.
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bayfisherii

10/13/10 10:13 AM

#225449 RE: Krombacher #225435

KROM,

If they complete this plan then they (ERHC MANAGEMENT) have watered down everyones shares by 28% (assuming they continue to sell at thier current pricing). All for just 50 million dollars and for proposed acquisition(s) that they themselves predict we will probably not agree with. Essentially no matter what happens if they complete this plan then we have all sold over 1/4th of our shares at around two-bits(pitiful). I can only hope BB is correct, as should you.

Bay