ERHC Energy Inc (CE) (ERHE) Quote

OK, the more you post, the more you make it clear you don't comprehend what is happening...


A reverse split does nothing to impact naked short positions. It’s purely cosmetic. Shorts are adjusted proportionally, just like longs, and it doesn’t change the underlying obligation to deliver real shares. Same with a buyback—the company’s buying from the float, but if synthetic or undeliverable shares exist, they stay hidden.

You don't seem to recognize the bad guys, or how their strategy works. It is the COMPANY that gains via a reverse stock split. I am shocked you don't seem aware of this. I've seen many companies do them and a very small percentage (typically legit companies) that don't hurt the common shareholders.
What these companies do is reverse split ONLY the outstanding shares and not the authorized, but non outstanding shares. What this does is make their remaining shares super shares. So, 1 million shares authorized, but only 900k outstanding on a 10 for 1 split makes those remaining 100k shares worth 10 times more. The company, in essence diluted you by 90%. Then they can award those shares to themselves. You'd have 90k shares diluted and outstanding and100k shares in their treasury.
Forget the mysterious "shorty", its the insiders you should be watching all these years.

As to "what's it to you".....
I always tell people on penny stock boards, "don't research the company, research the posters on the board". Typically, on these penny stock boards the leaders of the "hold your shares no matter what" movement, have posted on many other boards in the past. The one good thing about IHUB is its easy to follow one's history. So, I always suggest checking to see how a poster has done on the other stocks they've touted. It seems YOU have posted here A LOT! So, I go back and read your history and compare it to the stock price at the time (which is how I spotted you disappeared for a year and a half).
IF every stock you tout tanks, others should be made aware. There are posters here who move from one dead stock to another, telling people to hold for long term. I have to wonder when they are dumping. Pump and dumpers have a distinctive manner of posting and timing.
I keep a list of posters, whether they are trustworthy in one pile. And definite scammers in the other. Guess which list I have is longer.
Why would people be happy about losing money in losing stocks? Especially when it happens again and again.
This is my hobby. I'm watching the market anyway during the days. Might as well keep busy when not trading.

Clarified the facts? Don't tell me you are now trying to say for all those years you spread your bullish bullshit about erhe prior to the reverse split you didn't own any shares? Must you always lie? The fact is your erhe holdings were wiped out by the 1:100 reverse split just like lmlt's, dr. j's, Offor's, Ntephe's and every other erhe shareholder's.

You spent years making false claims about oil discoveries, buyouts, to the moon, buy of a lifetime, and kaboom rallies long before you purchased your 400 million shares. You obviously had a large erhe position before the reverse split. Stop being a lying coward and admit the truth, even if it might only be this one time. erhc insider's were informed enough and smart enough not to buy shares after the reverse split and subsequent 3 billion shares of dilution. Unfortunately you were not. You and your dilution insurance followers got sucked in, all the way in, and now you can't get out.

Positioned just where you want to be? lmao. Spreading bullshit about dividends while stuck with huge 6 figure losses and a $.0001 share price is just where you deserve to be. Ntephe and Offor don't even waste time on the public company side of erhc because the erhc story has already "played out", and not with a happy ending.

Fung_derf, I appreciate your questions. Let me clarify a few things—not just for you, but for anyone watching who’s interested in how this works.

A reverse split does nothing to impact naked short positions. It’s purely cosmetic. Shorts are adjusted proportionally, just like longs, and it doesn’t change the underlying obligation to deliver real shares. Same with a buyback—the company’s buying from the float, but if synthetic or undeliverable shares exist, they stay hidden.

What does work is a preferred share dividend—something that ERHC’s board has already approved for future action. Here’s why:

Shorts can’t manufacture or counterfeit preferred shares the way they can with common stock.

If they don’t have real, legitimate shares to deliver when the dividend is issued, they’re exposed, and the system forces them to cover.

Alternatively, a cash dividend or an outright buyout has the same effect: forcing shorts to settle, often at prices dictated by the shareholder group, which currently holds 55% of the outstanding shares.

When those shares are locked up—not for sale—the shorts have no exit, and they have to pay the price we set.


That’s the strategy. Not based on theory, but on mechanics that have already worked, as we saw with Overstock and other situations.

We’ve been patient because timing is everything. And when the time comes, the position we’ve built will matter.

And just out of curiosity, Fung_derf—what’s it to you?

You first engaged me on another board, then followed me here to ERHC. You’ve asked a lot of questions about strategies involving preferred share dividends, naked short selling, and shareholder groups controlling large positions—not just here, but elsewhere.

If I didn’t know better, I’d say you’re concerned that the same strategies being discussed on other boards might actually be implemented here—or maybe on other stocks that have escaped revocation, where shorts thought they had an easy exit… until they didn’t.

If that’s what’s keeping you interested, I’d say your concern is justified.

— Krombacher

Here's what I can't comprehend.....I'm sure over the years this stock has had pumps and dumps. Are you saying you haven't sold any shares into those price jumps and rebought cheaper? With your cost basis 300% higher than the current price (which really isn't the current price as this doesn't actually trade), you've got to recognize only a reverse split will get this trading again?
BTW, you didn't believe me regarding shorters needed to close out their books, how else do you explain the trades here?

03/21/25 10:01:59 AM 5 2 0.0001 e
03/12/25 09:30:48 AM 5 460 0.0001
03/07/25 01:59:01 PM 5 15000 0.0001
03/07/25 09:31:10 AM 5 31 0.0001 e
03/05/25 12:51:07 PM 5 10 0.0001 e
02/27/25 02:28:29 PM 5 1.2016M 0.0001
02/27/25 02:28:23 PM 5 499126 0.0008
02/24/25 11:52:32 AM 5 7 0.0001 e
02/14/25 12:15:15 PM 5 87 0.0001 e
02/12/25 03:20:47 PM 5 6 0.0002 e
02/12/25 09:44:32 AM 5 150 0.0001
02/12/25 09:42:49 AM 5 28 0.0001 e
02/12/25 09:40:35 AM 5 35 0.0001 e
02/12/25 09:40:32 AM 5 4 0.0001 e

Fung_derf, I’ve always measured time and opportunity carefully—that’s why I’m exactly where I want to be.

But here’s something to consider: when you’re positioned the way I am, time works for you, not against you. And patience is often misunderstood by those who don’t value it.

I’m in no rush. This isn’t about avoiding being “wrong.” It’s about making sure I’m ready when things move. Until then, I’m content to wait.

SSC, I’ll keep it simple because the noise speaks for itself.

I’ve already clarified the facts: $160,000 invested, 400 million shares, verified by SEC filings. That’s it. No need for the creative writing.

I’ve made my choices, and I stand by them. We’ll see how it plays out.

— Krombacher

True to form, known liar guerguerian dickran refuses to face the truth about erhe losses. While acknowledging the $160,000 thrown away on triple zero shares AFTER the 1:100 reverse split, dickran attempts to hide the facts about all the shares he/she owned before the reverse split and all the losses incurred when they were wiped out as they dropped to triple zeros.

While I don't know the exact figures, based on his/her role as one of the loudest erhc supporters for many years going into JDZ drilling and all the way down from that point, it's safe to say dickran suffered a fat, painful loss before acquiring his current 400 million shares. Hence the dilution insurance scam and all the thousands of lies about short selling, Offor ownership, buyouts, spv's, done deals, consortium's, backstops, dividends, gag orders, kaboom rallies, African Queens, deep sea divers, epic short squeezes, dr.gus fake insider info embarrassment, and all the rest, all in a greed and hubris driven attempt to recoup those six figure losses.

Now we see the "preferred stock dividend" narrative. And even as it fails here, dickran is trying to peddle it on the dbmm message board. Desperate, delusional, demented, deceitful, despicable dickran.

So, you've created a scenario where you don't have to admit you were wrong until you're dead. Impressive.
Perhaps you should also measure the value of time. Or the cost of inflation. Or missed opportunity.

SSC, you’ve been wrong about a lot over the years, and this is no different.

For the record, my SEC filing confirms I own 400 million shares, purchased at an average of $0.0004. That’s roughly $160,000—not the number you keep repeating.

But I get it. When facts don’t work in your favor, the next step is to invent a new story. I’ve made my decisions, and I’m content with them.

Let’s see how it plays out.

— Krombacher

20 years, $250,000 in the red, management silence for more than 7 years - yes, dickran is well positioned just where he deserves to be. lmao

Fung-derf, Badog, SSC—

I get it. When facts are limited, speculation fills the space. It’s what happens on message boards.

But for the record:

I’m not following anyone. I’m following the strategy I’ve chosen, which has very little to do with who posts where, and everything to do with understanding how these markets work, including what happens when a stock escapes revocation and shorts are left exposed.

My time horizon has always been longer than most people’s patience. That’s intentional.

And no, I’m not here to convince anyone to buy anything. My group doesn’t need help, and we don’t make decisions based on iHub chatter. We’ve already positioned ourselves the way we want to be.


If you find that silly, that’s fine. If you want to mock the share price, that’s your prerogative. But the last laugh is usually reserved for the ones who can outwait the noise.

I wish you all well with your positions.

— Krombacher

Honestly, I think he believes I am following him around shorting everything he is in......after the fact. I got here and the stock price is already .0001 with zero volume. What am I going to short?!!
Starting to question his sanity.

On the other side of the trade???

So let me understand this, someone used my post on your board and I came over to see the responses....then I went and shorted the stock because you were there?
Then I came over to this board and shorted the stock because you are here too???
Geez, your seeing spooks everywhere. Talk about paranoia.

Are you also telling me you work with a group to manipulate the share price?
And are you touting controlling 55% of a company with a share price of .0001 and a market cap of $288,000???? So, you're saying you own roughly $150k of a worthless stock?...or your "group" does? How silly. I own 100% of the $100k I put into most of my positions. Why am I not worried about naked shorts?
I'd love to know how much time you will allow yourself to be proven wrong? You've claimed to be in this for at least 18 years. How old are?

Yeah, but you haven't been correct with your naked short claims and from what I'm reading have lost a lot.

Well, lthat comment just put you on Kroms list of shorters. LOL I'm sure you don't care. I don't put any truth in what this guy says. He and his followers are STUCK and trying frantically to find a way out of this huge investment loss. He apparently has to frequent multiple message boards looking for gullible gamblers that will buy his shares at a price that will break him even. I think he knows that ERHC management is not going to bail him out so he has to resort to crazy speculations on message boards.

You are correct that The Vancouver Exchange has always been for outlaws and villains.. Some are still trying to figure out where they went wrong & why they ended up so far underwater and why they can't find idiots to bail them out of a nasty problem.

Badog

20 years, $250,000 in the red - time and the facts say it all. 55% control of erhc and, led by guerguerian dickran, the group does nothing. Greed and hubris will not allow you to face reality. Now peddling the same trash about naked short selling and preferred stock dividend on other message boards as desperation and delusion rule the day.

I appreciate the offer to “teach” me something, but I’ve spent years studying this space, and I’ve learned not to take lessons from people who are on the other side of the trade. It’s nothing personal—it’s just strategy.

As for being correct or not? The game isn’t over until it’s over. You know as well as I do: losses only lock in when you sell.

What I will say is this: I lead a group of investors that controls 55% of the shares outstanding. We don’t play games on iHub. Our decisions aren’t made here, and they’re certainly not influenced by back-and-forth posts.

I don’t expect you to understand my approach, and I’m fine with that. We see things differently. I’ve made my decisions, and I’m set with them.

If I’m wrong, time will prove it. If I’m right, time will prove that too.

— Krombacher

Yeah, but you haven't been correct with your naked short claims and from what I'm reading have lost a lot. Lets assume for a second you ARE correct, why do you keep buying the stocks that are affected?

If every failure teaches you something, tell me what you've learned? Are you buying real companies yet?
I'm going to now attempt to teach you something that you CAN use for the future.....
"Not everything you read on the internet is correct".....do with that what you wish.

LOL For all that skill honing you really got stuck here. LOL

Exactly where a lying, hyping stuck owner of 400 million erhe shares "needs to be" - in a hole $250,000 deep. Karma at its finest.

Right on cue.

I figured someone would show up to hit the greatest hits reel—preferred share dividends, backstops, deep sea divers. It’s a familiar playlist by now.

But it’s fine. I’ve already said what I needed to say. There’s nothing left to argue about. Some people play checkers, some play chess. And others… well, they just make a lot of noise when they realize the game’s already over.

I’m exactly where I need to be. And it’s going to be interesting to see where others end up.

— Krombacher

Hope you've learned a quarter of a million dollars worth to make up for all the years and cash you have lost on this piece of crap. $100/clip for fake insider info scam won't cut it. Neither will taking your lame ass preferred stock dividend argument to other message boards. Anyone needing a good laugh, check out the dmbb board. erhe's largest stuck shareholder is peddling his chatbot, naked short selling, backstop, preferred stock dividend, chess vs checkers, cut and paste bullshit over there. I wonder when he/she will introduce the inside info at $100/clip to a whole new group of gullible penny stock investors?

Seriously, a preferred stock dividend from erhc? What next, deep sea divers finding oil at the bottom of the ocean? lmao. Oh yeah, dickran already tried that one. Pathetic bullshit.

Fair enough, fung-derf.

At this point, I’m not really interested in debating who’s “accurate” and who’s not. Others will no doubt enjoy listing all the things I’ve said over the years—some spot on, others that paved the way to better insight. That’s how it works. Every failure teaches you something. Every success makes it worth it.

I’m set now. More importantly, I’m set for what’s coming. And while it’s clear you’re not short ERHC, I’d say that’s something to be glad about. I can’t say the same for those who are—or for those who still underestimate the lessons learned from Overstock and the people who followed it closely.

I’ve said what I needed to say. The rest will take care of itself.

— Krombacher

The Vancouver Exchange has always been for outlaws and villains.
I still say though, your interpretations aren't completely accurate.

Good catch on the posting gap, fung-derf. I wasn’t active on iHub during that stretch, but I was still following ERHC very closely from the sidelines.

At the time, I was working somewhere that frowned on employees posting on public message boards, so I kept a low profile. But I used that period wisely.

Let’s just say I spent those years honing my skills, learning the tricks of the trade—especially how certain players out of Canada run their short selling strategies. Sometimes the best vantage point is behind the scenes, quietly watching how it all works… and figuring out how to beat them at their own game.

Circumstances changed, and here I am again. Watching closely. And this time, I’m better equipped than ever.

— Krombacher

I'm a bit curious. I looked at the history of ERHE and noticed the volume seems to had jumped way up in early 2017, but you disappeared from 2015 until this post in late 2017.
Where did you go?
You've been posting on this board for a long time and many pages worth of posts

At least if he repeats something its the truth. You on the other hand keep telling the same old lies.

guerguerian dickran - positioned, patient, and fine with a quarter of a million dollar loss in this triple zero piece of crap. Gonna take a whole lot of dr. gus insider info at $100/clip to get that back.

We’re positioned. We’re patient. And we’re fine with that.

I'll believe that when you quit posting...when you sit back and relax and wait for the huge sp display.of wonder.. You are not patient now. More like desperate.
And you promote shorts to cover now.... but then you say this is not a good time? Is that some sort of a secret chess move strategy? Confuse the opponent with moves that oppose each other?. Next thing I know its 'Check Mate'. Or maybe it was 7 years ago. Game won by managment.

Badog

Badog & SSC: Mistaking Positioning for Desperation

Badog,
I’m glad you’re amused. You mistake strategic positioning for being “underwater.”
We know exactly what we hold and why we hold it.
Some investors flip for pennies. Others take positions with long-term catalysts in mind, even if they take time to materialize.
But if waiting patiently while things align is funny to you, I’m glad to provide entertainment.
Just remember—no one laughs harder than those who stuck with their strategy when it pays off.


---

SSC, Same Broken Record

You’ve repeated this tired playbook for years.
Let me clear it up for you:

We don’t need your approval.

We don’t care about your insults.

We’re not “hyping” anything.
We’re discussing strategies, scenarios, and realities that bother you because they make sense.


You pretend to know how this ends. You don’t.
You laugh at patience like it’s a weakness—but it’s a strength you never had.
And when ERHC makes its move, you’ll still be here, posting the same lines you’ve recycled since 2008.


---

We’re positioned. We’re patient. And we’re fine with that.

Krombacher

That's some track record you have:

Fail to take a 300% profit

Buy and hold for 15 years all the way down to zero and reverse split booking a six figure loss

Then dump another $150,000 into a triple zero stock not even insiders will buy

And hold on to that forever as the stock sits near zero.

Still unable to face the truth while hyping lie after lie hoping someone will buy. Pathetic. Why not add that to your linkedin profile with all your worthless degrees and certifications?

We're not “stuck”—we’re positioned.

Every underwater investor will enjoy knowing that they are merely 'positioned'. I doubt that will fly with their spouce.
LOL

Badog

And yes you are stuck as you cant sell it because you cant buy it because nobody wants it.

I looked it up in the dictionary: "Stuck"

The dictionary said:

https://investorshub.advfn.com/boards/profileb.aspx?user=44043 6498

🤣

I know why you all are not selling. There is no point at todays sp. You are STUCK and you have to live with bad decisions now.badog, you have been UNCOVERED to the bone.

Ask Kingpin or someone from your inner circle for some objective advice.

You are not here to debunk krombacher's pie in the sky narratives, you are here for ERHC, as are your altruistic homies.

You don't care about people you never met. And certainly not if they are gamblers... stop making a fool of yourself, and get on with your life.

No one will act on krombacher's fairy tales, you know that, I know that, everybody knows that!

Yes, you can try to realize your gameplan for another few years... but it ain't gonna fly.

Deal with it, and don't be STUCK YOURSELF, mr. Berkshire Hathaway...

Dude your script was exhausted years ago. And yes you are stuck as you cant sell it because you cant buy it because nobody wants it.

May be the African Queen????

Badog & SSC: Still Missing the Obvious

Badog,
You said:

> "I know why you all are not selling. There is no point at today's SP. You are STUCK and you have to live with bad decisions now."



That’s where you’re wrong.
We're not “stuck”—we’re positioned.
Big difference.
The group of 70 stopped buying because we’re content with our holdings and, frankly, don’t want to trigger a premature squeeze before the backstop event is in place.
And as for bringing in "gullible investors"?
We’re not trying to convince anyone.
SpeedTrader was mentioned because access exists, not because we’re pitching anyone.
People can do their own due diligence, like we did.


---

SSC, Your Script Is Exhausted

I get it—you’re proud of your “greatest hits” from 2008.
But let’s break it down for clarity:

ERHC still trades.

Americans can buy the stock.

Preferred shares have been authorized since 2012.

Revocation was dismissed.


These are facts.
But your playbook never changes:

1. Insult


2. Deny


3. Distract


4. Repeat



You try to paint me as some con artist, but the truth is simple:
We believe there’s significant value here, we’ve held for years, and we’ve taken steps to be strategically ready when ERHC finally moves.
And the moves are coming.
You can mock it, but you can’t stop it.


---

Why Are You Still Here?

You both know the answer.
You wouldn’t waste your time here—day after day—if this was truly over.
You’re here because you feel the pressure.
And when ERHC executes its next step—whether through a preferred share dividend, settlement, or asset deal—the real price discovery begins.

We’re ready.
Are you?

Krombacher

From erhe's largest shareholder and known liar:

guergurian dickran's guide to speculating with erhe

Founded on the principles that:
1)share price doesn't matter
2)it's not a lie if you say you believe it

Strategy:
Load up on shares at 30 cents or less 20 years ago, watch shares go to 99 cents but allow greed and hubris to keep you from taking those profits.

Then, as exploration failures and management's poor handling of cash tank the stock, continue to hold and buy more all the way down to triple zeros and outstanding share count maxed out at 3 billion.

When a 1:100 reverse split wipes out all those shares, incur huge losses and then plunk down $150,000 more, ending up with close to 400 million shares that have been sitting near zero for years and years.

As management goes silent, attempt to promote any asinine bullish scenario you can think of with hopes of an epic short squeeze that would bail you out even though no short positions exist.

And remember, if an African Queen doesn't come along to give back all your losses, surely erhc insiders will issue preferred stock dividends to make you a billionaire "sometime soon".

While waiting patiently, rip off anyone who still believes by selling supposed inside info at $100/clip. Of course that info is as bogus as all the other thousands of dickran lies. And don't forget, great things are already in motion, as they have been for the last 7 years. All part of the best kept secret in the history of the stock market lmao.

And you’re here, day in, day out, because you’re still trying to figure out why we aren’t selling.

I know why you all are not selling. There is no point at todays sp. You are STUCK and you have to live with bad decisions now.
The reason you keep posting is to try to find more gullible investors that would like to rid you of this disaster.

Badog

Badog & SSC—Missing the Big Picture (Again)

Badog, you said:

> “Maybe you should just post your scenarios to your private group of 70.”



I do share insights with them. But here’s something you don’t seem to grasp: The group of 70 already has their shares. They’re not buying more. They’re not looking for validation on iHub, and they certainly aren’t waiting for public reassurance to make decisions.

And no, they’re not “gullible.” They made their moves while others hesitated.
They understood the risk and positioned themselves early. If that makes them “gullible,” then we can add every early investor in history to the same category.

You said:

> “The rest of the investors in the world are not so gullible.”



The “rest of the world” isn’t reading this board, Badog.
You are.
And you’re here, day in, day out, because you’re still trying to figure out why we aren’t selling.


---

SSC, Same Broken Record

You said:

> “You don't post truth. Just look at every one of your 'speculations' and realize that not a single one of them has ever come true for more than 10 years.”



Yet here we are.

ERHC trades again.

Americans can buy through SpeedTrader.

The 10 million preferred shares were authorized in 2012.

Revocation was dismissed.


Facts. Not speculation.
And there are more pieces in motion—just because they aren’t announced doesn’t mean they’re not happening.

You keep repeating “seven years of silence” like a mantra.
I see it as seven years of positioning.
There’s a difference.


---

What You Both Don’t Get

I post because I enjoy thinking through scenarios—yes, some speculative, but all based on the logical endgame of how this plays out.
And no, I’m not trying to “unload” anything.

The group is holding.

No one is selling into triple zeros.

We’re waiting for the backstop event.
That’s not desperation. That’s patience.



---

Final Thought: You’re Both Still Here

If this stock was as dead as you say, neither of you would be here.
You’re here because you both know something is coming, and you’re worried you’ll be caught flat-footed when it does.

We already made our moves. We can wait.
Can you?

Krombacher

"""No buying? No—no buying from us.
The 70-person investor group already holds over 55% of the shares. We’re not buying more because we don’t want to start a premature short squeeze. It’s not about belief—it’s about strategy. """"

LOL LOL LOL LOL

You cant make this stuff up LOL LOL

Same bullshit as always.

You cannot be serious. "The more the truth comes out"? You don't post truth. Just look at every one of your "speculations" and realize that not a single one of them has ever come true for more than 10 years. You post about sketched heads, African Queens, nonexistent dividends, nonexistent short positions, nonexistent done deals, nonexistent spv, nonexistent drilling results - all blatant lies.

So feel free to keep posting, but no one is fooled for the reason why. You are stuck with 400 million shares and six figure losses and you would do or say just about anything to unload. But the truth is erhc management has no interest in the price of erhe shares and the proof of that is seven years of silence, no insider ownership, and a share price near zero.

Maybe you should just post your scenarios to your private group of 70. They believed you enough to throw their money at this as it was tanking so you know they are gullible to believe most anything you tell them now. The rest of the investors in the world are not so gullible. You may have noticed based on the sp and volume. And no....they are not waiting till after news when it would be too late. They just don't believe your scenarios. They don't believe in a CEO that won't communicate for years and no required filings. They don't care about your chess game.

Badog

Badog & SSC—Why I’m Still Posting, and Why You’re Still Here

Badog, you asked a fair question:

> “If you are so sure of the outcome why do you keep throwing out new scenarios? Why not just wait for your predetermined outcome?”



Simple. Speculation is the joy of investing.
If I was content to sit in silence waiting for the outcome, I wouldn’t be an investor—I’d be a spectator. I enjoy analyzing, debating, and forecasting different scenarios. That’s part of the game. Some people collect stamps. Some golf. I explore the possibilities of a highly speculative stock.

But let’s be clear:
The ultimate outcome doesn’t change.
Speculating on how we get there is the fun part.
And if that bothers you, you’re free to scroll on by.


---

SSC—You Can’t Debate the Inevitable

You said:

> “The only reality that matters - erhe is closer to zero than to dollars. As long as that is true, dickran is a proven liar.”



By that logic, Amazon was garbage at $6. And Tesla was doomed at $20.
You only look at price. I look at positioning.

55% of ERHC shares are locked up.

The preferred share dividend is a live option.

SpeedTrader has restored U.S. investor access.

And management has every incentive to align the execution of these strategies with a larger financial event.


You keep obsessing over the present.
I’m focused on the endgame.


---

Why We Post (And Why You Keep Replying)

Both of you claim:

> “If no one posted unverifiable scenarios, there’d be no posts.”



And yet, here you are, post after post.
You’re not here to “save” anyone—you’re here because you’re stuck.
Stuck in your position.
Stuck in your narrative.
And stuck waiting for me to stop posting because you know the more the truth comes out, the less chance you have to cover quietly.


---

Final Thought: Speculating Is Fun. Watching Shorts Panic Is Even Better.

I’ll keep speculating because that’s what investors do.
I’ll keep analyzing because every scenario that exposes shorts matters.
And I’ll keep posting because someone has to offer a different narrative from the defeatism you’re selling.

You can call it "games," or you can call it "chess."
Either way—the outcome is the same.

Krombacher

The only reality that matters - erhe is closer to zero than to dollars. As long as that is true, dickran is a proven liar.

Just think, for every $100 gullible fools paid for made up, lying, gus bus, dickran "insider info", 1 million erhe shares could have been purchased. But volume remains at zero, just like dickran's credibility. Once again, everyone can watch in real time how this latest preferred dividend claim plays out. My opinion is it will end up on the huge pile of thousands of dickran baseless claims, false rumors and outright lies. All the chatbots, overly verbose cut and pastes, and alternate personas can't change reality.

If you are so sure of the outcome why do you keep throwing out new scenarios? Wny not just wait for your predetermined outcome? Relax.
If no one posts unverifiable scenarios no one will post back. Do you understand that no posts would be much easier than your game of chess.

Badog

Badog & SSC: The Reality You’re Ignoring

Let’s simplify this—since the only ones repeating themselves are you two.


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1️⃣ Badog—You’re Missing the Obvious (Or Pretending To)

You said:

> “No buying. No one believes the speculation crap.”



No buying? No—no buying from us.
The 70-person investor group already holds over 55% of the shares. We’re not buying more because we don’t want to start a premature short squeeze. It’s not about belief—it’s about strategy.

Once you trigger a squeeze without a backstop like a dividend, short sellers simply print more shares and ride it out. We’re holding our fire until the catalyst hits. SpeedTrader was only mentioned for anyone who might have been fooled by all the propaganda and wants a shot to get back in. But this isn’t about “bagholders”—we’re playing chess. You’re still playing checkers.

And as for:

> “It was stated publicly that Shell owns 85% of Block 4…”



False. Shell took an 85% position, but ERHC still retains a legal claim, which is why there’s no final settlement. You want it to be over. It’s not. The issuance of the international caveat emptor by ERHC (not to be confused with the caveat emptor status of the stock) proves it.


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2️⃣ SSC—You Keep Saying the Same Thing, Hoping It Will Be True

You love calling me “Dickran,” saying I have “minions,” and claiming there’s no short squeeze, no preferred shares, no future.

If you really believed that:

You wouldn’t be here every day.

You wouldn’t care what I post.

You wouldn’t have to attack with such desperation.


You can’t “debunk” reality just by denying it loudly enough.

The preferred share dividend? You’re rattled. You mock it because you’re afraid of it. But here’s the thing:
Short sellers can’t print preferred shares. They can’t cover them with lies. They either deliver real shares—or they’re done. You know this. That’s why you’re still here, praying someone sells you a lifeline.


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3️⃣ Bottom Line: Cowardice is the Short Seller’s Prison

You both think this is a poker game—bluffing and trash talk will save you.
It’s not.
It’s chess.
And the next few moves are already on the board.
The outcome is pre-determined, and courage was your only chance to mitigate the damage.
Too late.

For the record:

No one is manipulating anything.

We’re waiting.

You can either keep talking…
…or finally face reality.


Krombacher

This "we" dickran refers to again and again, is he referring to himself and sketched head of a short seller? Or himself and "the other dickran" he turns to for comfort and pretend phone conversations? Or is it dickran and the made up Dr. Gus with all the insider info that never pans out? Or has dickran joined the African Queen's tribe? Because other than those deceitful, fake, demented partners, he is the only one who posts the bullish lies and speculation. Even alternate persona peterj, in a lame ass attempt to garner credibility of his own, uses the strategy of saying dickran is a nut ball and his asinine claims are total bullshit.

Using "we" to try and add some credibility to a stuck, triple zero erhe position might have worked 10 years ago, or while dickran was convincing gullible investors to buy erhe all the way down from split-adjusted $70 to triple zeros and then again after the reverse split from 20 cents down to triple zeros again. Maybe some of those minions even handed over $100 per clip for Gus Bus insider info scam. But the fact is he is all alone with 400 million shares hatching these embarrassing new narratives and no one is buying any of it.

Preferred share dividend? The only stock that kaka is making go up is dickran's laughing stock. So hilarious he didn't take his own advice and wait for a catalyst before dumping six figures into this piece of crap front running the big event that never comes.

Most investors are still in wait-and-see mode, which makes sense when there’s no major announcement yet. But that doesn’t mean no one wants them. It means the big move hasn’t happened yet.
I'm sure you are aware that if an investor waits until an anticipated announcement....you will get the shaft while others got the uranium. The object is to buy ahead of an anticipated announcement. That's my point. No buying. No one believes the speculation crap.

The problem with your latest post is the same one that’s always been there: You act like you know how this story ends.
Maybe you missed where I said if ERHC can pull a rabbit out of the hat. That leaves room for success. The problem with your criticisms is that you leave out items. You conveniently leave out where I have said my 60,000 shares are rooting for ERHC. I would be happy for $8/share. Maybe you just forgot.

We know there was a Shell move on Block 4. We also know ERHC still has a legal position and may be due compensation.
It was stated publicly that Shell owns 85% of block 4. Never did it say that ERHC owns any of it. ERHC has never said they own any of it. Maybe ERHC can win a settlement but they did not fulfill their end of the bargain with the STP. Weren't they supposed to form a drilling plan and drill. ERHC couldn't do it and they never got a partner that was capable of doing that. Were they supposed to retain their rights forever with no progress?

“Desperate… stuck… manipulation.”
You throw these words around because you think it’s all over. But the largest shareholders are still here. Still holding. Still strategizing.
I throw those words around because it appears that it's you who thinks it is all over and you are desperately trying to get your illusive shorts to cover. It appears that you can't wait patiently for this to play out. You need to try to force this short covering issue now. You predict a Christmas demolition of shorts. It was a joke. So it is you that is desperate.

If you think this is over, take your tax write-off and move on. But don’t trash the people still in the game just because they haven’t given up.
Unlike you I can wait patiently for the end to reveal itself. I don't feel the need to attract gullible gamblers. I don't try to endlessly dream up scenarios that have no merit... the 'anything is possible' reasoning with nothing to back it up.

When we talk about preferred shares or other shareholder-friendly moves, we’re not manipulating anything.
You look at the sp and the volume and desperately try to create excitement that may draw in gullible investors.

If you think it's going to end up great then just patiently wait for the end to reveal itself. If it's as great as you hope you don't need to be a promoter. Just patiently wait.

Badog

Badog, You’re Missing the Bigger Picture

I remember your posts back then. I didn’t criticize you for using “I” too many times because I was worried about grammar. It was because you made it clear your view was purely personal—and that’s fine. But we’re not here to rehash ancient history.

The problem with your latest post is the same one that’s always been there: You act like you know how this story ends. You don’t. None of us do. That’s why we’re still here. And pretending otherwise isn’t realism—it’s defeatism.


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Let’s Address Some of What You Said:

✅ “No one wants the shares.”
You conveniently ignore that U.S. broker access only recently opened up (SpeedTrader). Most investors are still in wait-and-see mode, which makes sense when there’s no major announcement yet. But that doesn’t mean no one wants them. It means the big move hasn’t happened yet.

✅ “No volume, even though Americans can buy.”
Again, you’re implying that if people aren’t piling in right now, nothing is happening. You’re ignoring the fact that patient investors wait for catalysts, and the preferred share dividend discussion (or any potential deal) could change everything overnight.

✅ “They didn’t get it done, so it seems they lost the block.”
That’s speculation. We know there was a Shell move on Block 4. We also know ERHC still has a legal position and may be due compensation. You’re assuming a loss with no evidence.

✅ “Desperate… stuck… manipulation.”
You throw these words around because you think it’s all over. But the largest shareholders are still here. Still holding. Still strategizing. That’s not desperation. That’s focus.


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What You Call Manipulation, I Call Strategy

When we talk about preferred shares or other shareholder-friendly moves, we’re not manipulating anything. We’re discussing strategies that could benefit everyone—including you, if you still hold.

You’re right about one thing: If Shell drills and hits oil, it changes the game. But even without that, ERHC has cards left to play. You don’t see them because you’re looking in the rearview mirror.


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Final Thought

If you think this is over, take your tax write-off and move on. But don’t trash the people still in the game just because they haven’t given up.

As for me? I’ll stay focused on what’s ahead.

Krombacher

Back in the days shortly after the JDZ drilling Krom/Dickran criticized me for using the word 'I' too many times in my post. That was his big concern then. That was how he decided to ruin my credibility. LOL I was pointing out the lies and questioning the speculation by more than just him/her. There were several that tried to manipulate the other investors. You and I have dealt with this for many years. It would seem that many of them were gullible enough to over invest in ERHE and after PN was thru with them they are even in worse shape with this investment. They won't try to force PN to announce the current situation. They either don't want everyone to hear the truth about the current ERHC situation or they just don't trust PN. Maybe they are afraid PN would say that he is not aware of massive shorts. So on with the manipulation attempts. Desperate attempts to save their investment. But no shorts and still .0001 sp. No volume even though Americans can buy shares I guess. Doesn't matter. No one wants them. Can PN pull a rabbit out of the hat? IMHO only if Shell ever drills and if they were to happen to find oil. Maybe ERHC can sue that they lost their rights without cause or something? ERHC had their chance to get a partner that would give them a free ride. They didn't get it done so it seems they lost the block. Now the largest investors are desperate....and STUCK. Manipulation, soothsaying, never ending speculations that don't pan out. It never ends.

Badog

lmao. So you dedicate your time here to attacking truth tellers and fact checkers so 8 people can see your efforts. Lying, pissant troll. This dickran alternate persona started out with lies from the get go and never looked back.