Replies to post #283262 on ERHC Energy Inc (ERHE)

[ssc]

Well, one deal is not representative of all deals, but using the example you provided it appears that Taipan will receive $1 million in back costs. That is all the cash they will get. So at least in this one example, my opinion that erhc's deal will involve little cash is validated.

As far as my original post, not sure how you missed it:

Seems so obvious that this is shorting by those who will be receiving shares via the, imo, soon to be announced private placement.