Replies to post #238640 on ERHC Energy Inc (ERHE)

[tryoty]

That buyout theory isn't scary. It's the lawsuits that would follow that are. They would cause a decade of litigation that would destroy most investors. There is NO way that ERHC can be taken out by theiving Nigerina scammers without multi-billion dollar suits.

A "real" CEO would calm these fears but the punk working for Offor is under his desk instead of leading this company.

[vineseeker2]

Krom, Chrome is privately held and does not report their financial activities publicy. I would bet that Chrome either has a lot of cash or can get a lot of cash when needed. I don't think Offor would want to go through the legal situation a buyout of the rest of the shareholders would cause. BUT what about the people who sell off, Offor can't buy himself or haver a close relative whos stock would be attributed to him buy. What about some of his silent/hidden partners, untill anyone got over 36,000,000 shares they don't have to report.
If they are buying at under .20 and a sale is going to be proposed at even a dollar, there is big money to be made, and if we are talking $5.00 - $ 180,000,000 payout on a 7,200,000 investment