Replies to post #271132 on ERHC Energy Inc (ERHE)

[emdyal]

Exactly ! If one has to put up more money then that very fact is dilution. Any other interpretation is simply the gullible having swallowed the talking points hook line and sinker !

[Tamtam]

If this is legal extortion than it's the same for SEO aswell as he is treated like all shareholders.
Dilution is not positive but maybe you prefer a PP or other forms of getting money where common shareholders are not involved.

Either participate or we will delute

everyone is free to participate or not.

[bmu]

Nwtf' How would have you raise the funds
so the minority share holder didn't get diluted?
You called the offering extortion, you must have
a better plan. please present it for all to read.
Bmu

[Southern Man]

NWTF, REALITY CHECK> The Fact their is hope of a lucrative future is positive good news, The alternative is a pps of 0 (Zero) months ago. They could have simply shut down the company, sold off eez etc. - OR raise more cash. So your still in the game.

They could have collapsed ERHC and started a new company for Kenya and Chad you know, and give you zero shares of newco.

This is WILDCAT OIL EXPLORATION! "Find oil before you go broke" .... really it is simple as that.

The fact they have offered more shares at a discount to current common shareholders is a gift rather you recognize it or not.

It wasnt their fault JDZ didnt show stellar returns and massive oil reserves on its first attempt. I'm optimistic even the JDZ will prove profitable eventually. AJMHO