Replies to post #240063 on ERHC Energy Inc (ERHE)

[2IRAs]

It's called a spread. I'm glad they are getting in the fight now and are going to get this baby going.

[ponzi_implosion]

Why do you find it stunning? It's business as ususal.

From DOJ raids, to lost millions in Stanfords Bank scam, to over a hundred million shares to unnamed advisors, to incentive fees to refinance debt, to Cayman Island Companies, to majority share holders under investigation for money smuggling, to over 60 million share paid out to FAB to settle a fraud lawsuit, to competing companies controlled / owned by the former COB.

This is what the company is, and always has been about. What I find stunning is that very long term investors here actually still believe that SEO will leave them with 2 nickels to rub together.

Regards
P

[midtieroil]

How they bought the shares is not as important as why they bought the shares. I'm sure they pay no dividends which means no cash flow. I guess we are counting on capital gains when we sell it.