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petemantx

07/06/11 7:26 PM

#242459 RE: stocks2rise #242453

A comment I made that didn't get addressed was that ERHC survived because EO put in $12 mil or so and got about half the company. Many now worried he puts in a pittance again (in terms of assets) and pulls down a large amount of shares so that he ends up owning a vast percentage of company. Almost like stealing since he obviously is on the inside of the info and knows the assets. All IMO.

Edit: I don't see much positive movement as a result of the chat. Next moving force will be the announcement of our partners in Chad and what they ponied up in terms of money and carry.
Still think we are heads and shoulders better off than we were a week or two ago.