Replies to post #254671 on ERHC Energy Inc (ERHE)

[Krombacher]

agreed. even if they get 5 million back...that's not even 1 penny really to the share price in terms of market cap, but then on the other hand if it means they can "live" another year longer, that could make all the difference in the world.

Who knows?

Krombacher - the above may be wrong.

[Southern Man]

Thousands of people/compnaies checked out stanford very very thouroughly before investing. The CD rates were not that much above market rates. Everyone was fooled and if the investigations never happened thier investments could still be viable. Yes, some elaborate spending was inappropriate, yes there was arrogance but it was a real investment program with a excellent 14 year history to back it up. ERHC wasnt the only one to be surprised. Your government(receivers & attorneys) ends up with investors money.