ERHC Energy Inc (CE) (ERHE) Quote

I just checked your quote source.

It says the share price is $1,000,000,000,000,000,000,000 per share.

Seems you have a bullshit quote source.... consisting of short sellers wishful thinking.

Krombacher

You don't seem to know even when you're lying. It's too late to deny that you're a short seller with no qualifiers.

No take backs.

This was your downfall

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163444980

And try as you might, the cat is already out of the bag.

One doesn't need proof for something to be true.

Krombacher

More bullshit.

I think we can agree on the fact that if an OTC issue were to delisted that the share price would be low enough that there wouldnt be any margin calls.

I know what a lie is, I see lies posted by guerguerian dickran almost every day. The most prolific lies occur every time dickran states that I am short erhe stock. He/she does not post it as an opinion, conjecture, speculation or the latest squirmer - a request. dickran has posted thousands of times about erhe short sellers, citing me imparticular, and the billions of naked short shares even though he/she is unable to provide proof any erhe short positions exist, and he states all this as fact. Even said erhc would be counting the shorted shares to determine the number of non-voting shares. Of course that never happened. They are all lies.

As if thousands of examples are not enough, one only need look at dickran's falsehoods about everything from cease and desist orders to erhc existing in a "new paradigm" exempt from SEC regulations, to done buyout deal, to a fake spv and signed contracts promising not to sell erhe for less than dollars/share (even threatened to publicly post the spv documents to "panic the shorts"). Of course there is no spv, no signed contracts, no documents to post. Just more dickran lies. And this dividend nonsense - if that's not a lie then where is any proof to substantiate it?

So where/s the buyout? Where's the dividend? Where's the Shell bidding war? Where's the short squeeze? Where are the dollars/share?

dickran says "it's not a lie if you believe it". lmao. Yes, I understand very well what a lie is and so do you. Your greed and hubris simply won't let you admit it and won't allow you to stop.

You've literally lied about everything here.

Shorts don't exist in a grey market. But you go ahead and keep telling people that to pump the scam.

It'll be more than that minus the funds used for the taxes that were owed.

BEFORE we knew about source oil in Block 4, Kosmos valued the block at 17 cents a share and Oranto next door in Block 3 values the block at 20 cents a share.

But the data gathered on Jaca-1 has resulted in upward revisions to these estimates. Not to mention that oil prices are also higher now.

Now if you're talking about Erhc's backstop, then yes I would argue that only some of the proceeds would be toward a dividend with an estimate around 10 cents a share.

But that assumes there isn't a Total deal on the JDZ blocks that results in a Total buy out at a share conversion ratio of between $1 and $2 a share as the backstop in a short squeeze allowing for $8 a share and beyond on T+3.

If the backstop is $1 or $2 dollars essentially guaranteed by a Total acquisition then shareholders will simply wait until T+3 because they already know they're rich.

Krombacher

Hell...even if someone was to offer ERHC $100,000,000 for their rights to Block 4 EEZ (if they still even have any) that would only equal $.04/share if it were all attributable to the sp. And who knows if anyone would give ERHC that much to walk away anyway. Again....the players could just be waiting ERHC out and let the rights expire. I'm not expecting much here. And I would be very surprised if there were any shorts to speak of. But this short squeeze theory is just a scheme to keep each other from selling first IMHO.

And I wouldn't doubt that Offor and friends would find a way to latch onto most of the money if there were ever any to be had.

Badog

I have not lied about anything.

You simply don't understand what a lie is or don't know how to read effectively.

Krombacher

Why continue to put this nonsense about a dividend or buyout announcement out there when you have no facts to back it up? Suddenly deciding to call a lie a "request" doesn't change the blatant bullshit you posted. Why aren't you "requesting management" to explain what happened to block 4? Why imply that management pays attention to anything you say? Yes, Labor Day will come and go and the pile of dickran bullshit will continue to grow and grow.

Do you truly believe that the best way for someone with 400 million shares and leader of a group that supposedly owns close to 2 billion shares to communicate with management is thru posting on ihub? lmao.

How is that request for management to tally up the number of shorted shares coming along? Another dickran doozy.

And why did you feel the need to lie about your "spv" and signed contracts? For that matter, why do you feel the need to lie about almost everything you post?

Where is the dickran Shell bidding war? Where is the dickran dividend? Where are the dickran dollars/share? Where is the dickran $8/share short squeeze? Where is the total destruction of your made up short sellers? Were those things and all the rest "requests" or speculation or tiny fibs or bullshit or just plain lies? A rose by any other name... All everyone can see is dickran greed, hubris, delusions, desperation and deceit.

Couldn't wait until morning? Lol.

If you actually read what I said in my labor day post, I was requesting management to make the news announcement on that day ***or*** at least on a Friday.

How you suddenly can claim you debunked a labor day caper is beyond me.

No claim was made in that post only a request.

But it matters not...I get it. Shorts are nervous.

I mean just look at ponzi's nonsense about purchase margin, when I'm talking about margin calls on short sellers not on purchasers.

But I don't even need to explain away that attempt at misinformation because the 70 investors are well trained by now. I have no worries about posting at midnight, lol, especially if it comes after your fear ridden panicked post at just before midnight.

Krombacher

I think we’re going to prove you wrong
(ERHE).
I think you’re trapped. Sad !!

Step back and look at what desperate, delusional, deceitful dickran has done here - whether it's to the 3 or 4 mindless minions who still try to support him/her here and always come up empty, or the 70 so-called followers who, when push came to shove, refused to join his asinine spv or sign his self-serving contract promising not to sell erhe for less than dollars/share (as dickran lied about and falsely said they did).

Now by dickran's own admission, we know his/her bullish bullshit is not supported by facts. We know this latest Labor Day weekend buyout or dividend nonsense is only an empty dream. We know in dickran's erhe world "any day now" could mean any day between now and the end of time. We know next week means the week after next week or the week after 10 weeks from now or the week after 1000 weeks from now.

dickran says he feels tormented becuase his/her baseless claims, false rumors and outright lies are debunked by facts and what actually happens. He is tortured by questions like where is the Shell bidding war? Where are the dividends? Where are the dollars/share? Where is the epic short squeeze? All stories created and promoted by dickran and wilting under the relentless scrutiny of facts and the truth.

Per Kroms PM about Chatbot research..,

What happens to margin positions when a stock is delisted?

When a stock is delisted, several things can happen to margin positions, and the specific outcomes depend on the circumstances of the delisting and your brokerage's policies. Here are the general scenarios:

Forced Liquidation: Your brokerage may require you to sell the delisted stock to close the margin position. This is often done to limit risk since delisted stocks typically become less liquid and more volatile.
Increased Margin Requirements: The brokerage might increase the margin requirements for the delisted stock, requiring you to deposit more collateral to maintain the position. If you cannot meet the new margin requirements, you may face a margin call and be forced to liquidate the position.
Transfer to OTC Markets: If the stock moves from a major exchange to an over-the-counter (OTC) market, you might still be able to hold the position, but the brokerage may impose stricter margin requirements or disallow margin trading for that security altogether.
Limited Trading: Trading in the delisted stock may become more difficult due to reduced liquidity. This can affect your ability to close the position at a favorable price.
Potential for Greater Losses: Since delisted stocks can become more volatile and illiquid, the risk of significant losses increases. If the value of the delisted stock drops substantially, it can lead to a margin call where you must deposit additional funds or sell other securities to cover the shortfall.
Settlement Issues: There may be delays or complications in settling trades for delisted stocks, which can affect the timing and execution of closing your margin position.
It is important to stay informed about any potential delisting of stocks you hold in a margin account and to understand your brokerage's policies on handling such situations. Consulting with your broker or financial advisor can help you navigate the complexities of dealing with delisted stocks in a margin account.

All depends on the broker I think.

Considering there arent any short positions and you cant trade this issue we are back to his same ole bullshit narrative.

Bullshit

Can OTC stocks be purchased on margin?
Over-the-counter bulletin board stocks and penny stocks, which are stocks that generally trade per share for under $5 and are owned by small companies, are also non-marginable securities by decree of the Federal Reserve Board.

Margin accounts would have been called when ERHE was delisted.

dickran desperately stuck in a demented, delusional world of billions of erhe shorted shares and deals that don't exist. By his/her own admission, all the years worth of buyout and dividend claims were simply wishful thinking that might happen "any day now". Unfortunately for anyone who gave any credence to those asinine claims, to dickran "any day now" means next week or next year or 20 years from now or longer than anyone who owns erhe shares will live.

So now that the latest bs, the Labor Day Weekend announcement, has been thoroughly debunked, it's back to the epic $8/share short squeeze nonsense. Not only is dickran stuck with 400 million worthless erhe shares, He is hopelessly stranded in a world of his/her own baseless claims, false rumors and outright lies. And don't forget these dickran gems:

Share price does not matter

It's not a lie if you believe it

Absolutely pathetic (and completely worn out bullshit).

T+3 is on day 4 not 3. No misinformation please!!

"T" is the first day. T is the trade date that closes above the short sellers margin call price.
"T+1" is the second day
"T+2" is the third day
"T+3" is the fourth and final day.

The CLOSING price is what matters!!

If on any of the days the short sellers manage to knock the price down below their margin call price and close at that price, then they reset the days. Hence, I hope that some longs do sell on the earlier days only at fairly high prices so a reset doesn't occur. If some longs in Canada can buy on days that are not T+3 near the close, then that's helpful. The backstop should insure you're getting a good deal on those buys. As for your other arguments I direct you again to these two links:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171323978

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171639820

Please read them carefully

The 70 investors understand these concepts extremely well. Management gets it too.

I expect a blood bath for the shorts.

Krombacher

T+1, T+2, etc.....I believe it to be the days required of shorts to cover by a broker. If the broker gives a short 3 days to cover then I believe Krom is promoting the idea to his buddies to wait until T+3 (3 days) to sell. He thinks the short squeeze will occur on the 3rd or 4th day after positive news. And that's when he is forcasting the $8 sp as the short squeeze happens.

The problem is that this whole theory of massive shorts is based on a premise that there must be massive shorts if there are people on a message board that don't agree with one person's goofy theories. If anyone counters what he promotes they must be a short of massive proportion. I have never heard such poor reasoning....and then to get others to buy into it???? This kind of deception and manipulation has been common on this stock since the drilling went sour in the JDZ. People get sucked into putting too much of their money into this stock and then become easy prey for hustlers with goofy theories and promotions. Once they are in deep they have no option but hope to get lucky. For luck to be your best or only option is not rational IMHO. Sure....I bought 60,000 shares....but it only cost me $12. I didn't sink thousands and thousands into this so I don't worry about losing it,

The other problem is that if Krom and his buddies have hundreds of millions of shares to unload, the sellers will outweigh the buyers so bad that the sp will never get very high IMHO. Even if there were brokers holding millions of shares short they are not going to take a beating so they will start covering at .005 or so??? And those wanting to sell will flood the market with shares so as not to be left out and that will keep the sp low.

IMHO Krom just wants everyone else to wait until he has sold his shares before they try to get what they can from any remaining buyers.

All this will most likely not happen. First ERHC will have to have some very good / great positive news in order to affect 2.5 billion shares much in the way of sp. So far I see no sign of forthcoming news that would be positive. Second is that there are probably no massive short positions. Third is that all other million and multi-million share holders are not going to wait for anyone's predictions to unload. They aren't going to wait to sell at a loss. They may pretend that they will wait but it will be everyone for themselves....a free for all.

Badog

I can't trade it online. But I've offered my shares to you for $.10 and you have not accepted.
I think it's you that doesn't understand the concept of fact vs fiction.
Badog

Ssc, you said:

I will always accept what the truth reveals.

I'm actually glad you said this, because it might prevent you from going bezerk.

There is a thought I'm pondering that I'll share with you.

Imagine this HYPOTHETICAL scenario with short sellers in the future:

Step 1 - an unholy alliance is crafted between short sellers of ERHC and Krombacher to benefit both parties mutually.

Step 2 - short sellers must hold a "reserve" with their respective brokers of $2 for every share they short to protect the broker against a short squeeze.

For example, if ERHC goes to $1 a share, short sellers will lose $1 a share out of the reserve. But if ERHC goes to $5 a share, then only $2 comes out of the reserve and the broker takes the hit for the remaining $3.

Step 3 - under the unholy alliance, shorts agree to work with longs to not only allow a short squeeze but to let it run to $8 a share. The short seller's broker will cover $6 of that and $2 will come out of the short sellers reserve, but longs agree to reimburse short sellers their $2 in exchange for letting this run on T+3.

And voila, win win scenario and only the broker loses for having allowed naked shorting to take place in the first place.

The only problem I see with the above scenario is whether or not we can have it legally vetted by a reputable law firm first... because it could be a problem if the SEC doesn't allow unholy alliances between shorts and longs designed to fleece the short sellers broker. So that could be a problem.

But, as a purely hypothetical thought experiment, it's fun to just think about.

Krombacher

Again,

You are not understanding the concept of backstop.

I don't have to do anything. Human nature, common sense, and various agreements and understandings will take care of it.

If you don't want to deal with a backstop, then offer 10 cents before the news event.

Simple

Krombacher

What the hell is this T-3 crap he keeps spewing?

Propagating the 3 day weekend bullshit again????

Quoting yourself again is funny since you have never been right.

Everyone to wait until day T+3 to sell while you unload on day T+1 and T+2. Nice window you give yourself. The volume on T1 and T2 will speak for itself. Still not buying that there will be a day T or T+1 or T+2. Still waiting to turn my $12 into $480,000. I really don't want ot wait so if you wouldn't mind give me $6 for mine now????? How sure are you???
Badog

That's because some short knucklehead bought 8 shares. LOL

Neverember 32nd.
Any day now....

and yet the pps still is .00000000000000001. huh.

Eggplant logic doesn't work in the stock market and earns you no credibility. The fact is there is no reason to believe erhc will do a deal or pay dividends Labor Day weekend and it is ridiculous to keep putting out your baseless claims, false rumors and outright lies for a decade or more. There is no reason to believe erhc will do any deal that benefits current shareholders and the last 6 years show that. Thinking your predictions will come true "some day" is worth $.0001/share. And this latest post of yours is basically admitting the Labor Day claim is simply more nonsense.

You always like me to name dates so you can say that my predictions didn't come true... but my dates are not by any means written in stone. Any day now can also mean 365 days, as far as I'm concerned.

I think my predictions will come true and you cannot say they haven't come true because we haven't hit that point in the future yet when they do.

Krombacher

The lies just keep on coming. Chatgpt used 5 links to come up with an answer and ALL 5 were from guerguerian dickran's ihub bullshit. The despicable thing is dickran keeps trying to convince people it was legit. Now dickran's latest load of kaka about Labor Day weekend release of dividend or buyout news. So everyone can watch what happens in a little more than a month from now as dickran will get yet another butt kicking. Of course he/she will undoubtedly follow it with another new bullshit narrative. It never ends.

Justice does not reward greed and hubris driven deceit. Watch as the truth will show who gets spanked come Labor Day weekend. I will always accept what the truth reveals. Delusional, demented, deceitful, desperate dickran has proven he/she is unable to.

I would like management to consider a three day weekend for releasing any dividend or buy out news so that longs have plenty of time to digest the news event and fight off all manner of disinformation from panicking shorts.

The next three day weekend is labor day, so that seems ideal.

On the other hand, if the timing of the news event doesn't align with labor day weekend, then let's shoot for a Friday, giving longs all weekend to fully understand the news event and be prepared not to sell until T+3 days after the price spikes up on day T as panicking shorts do everything they can to get out of an inescapable situation.

The financial pain that the shorts feel must be commensurate with nearly 20 years of disrespectful behavior towards another human being and the abusive nature of their discourse. The financial spanking must teach them the much needed lesson.

This is about justice not greed and hubris.

Krombacher

chatGPT simply has the most compelling analysis of my inductive reasoning links that it chose on its own to use to come up with the most plausible occam's razor scenario of all time for any stock. We are very golden.

From chatGPT:

The situation with Block 4 of the Sao Tomean EEZ has indeed been complex. Recently, Shell acquired 85% of the participatory interests in Block 4, while the Sao Tomean state retained a 15% interest. This was formalized through a production sharing contract signed in late June 2024

ERHC Energy has contested this move, as it believes the block's license is valid until September 30, 2024, under a contract governed by the London Court of Arbitration. This contract was not subject to the tax regulations introduced in 2018, which the Sao Tomean authorities used as grounds to reclaim the block due to unpaid taxes on an unrelated Block 11

There are indications that Shell might have entered into a side deal with ERHC Energy to avoid litigation. Shell's willingness to engage in such a deal and potentially pay ERHC for the block, while also compensating other stakeholders like Kosmos and Total, seems to be part of a broader strategy. This deal could have facilitated Shell's acquisition while respecting ERHC's claims and setting the stage for a potential buyout of ERHC by Total.



https://chatgpt.com/share/e4eb4d8e-34c3-4ccd-a9b5-a22b528df913

Krombacher

Dude there is nothing to cover. You cant trade this issue or havent you been paying attention.

This issue has been sub zero for over 6 years now. Anyone with a brain and knows how the market works knows that shorts covered a long time ago.
Only the ignorant think otherwise.

Nope

You and your mindless minions have been predicting the same nonsense for many years. But reality always kicks your collective butts. The bullshit $8/share short squeeze, done deal buyout "destiny" you predict has been stopped stone cold. Not by me but by the reality of this non-reporting company and your own greed and hubris. No wonder you stay as far away from it as you can. Fortunately the reality of the share price cannot be escaped.

Where is your Shell bidding war? Where are the dollars/share? Where are the dividends? Where is the short squeeze? Why has not even one of your predictions come true? They exist only in dickran's delusional and demented imagination.

If you buy your scenario....But your goal obviously is to get people to sell As soon as possible to COVER...Can't point without pointing at yourself

My "nope" took but a second to write.

Yet look how hard you work to offer a rebuttal to just one word. On a stock that most can't buy in America no less.

But you cannot stop the destiny of this stock. And the destiny of the shorts.

Try as you might ... the outcome cannot be prevented by short sellers.

They will lose it all.

Simple.

You can deal with it or not... but just realize that this was your fault when you decide to go bezerk.

Krombacher

Typical twisting, squirming, dodging reply - "Nope".

Can you prove shorts exist? Nope

Can you say when a deal will be announced? Nope (even though 2 years ago you lied and said a deal would be announced "any day now")

Can you say when a dividend will be paid? Nope

Can you tell everyone when your alleged shorts will be wiped out? Nope

Will you explain why you lied about your "spv" and signed contracts by 70 people promising not to sell for less than dollars/share? Nope

Will you explain why you went so far with this spv lie that you even threatened to post actual documents proving it existed when in fact it didn't exist? Nope

Is this even close to a complete list of all dickran's baseless claims, false rumors and outright lies? Nope

So deceitful and pathetic, but I get it - that's all ya got.

Nope.

Krombacher

So sad to see a person hopelessly stuck in his/her self-created world of sketched headed short sellers. So pathetic seeing all hopes and dreams based on erhe short positions that can't even be found or proved to exist. So despicable to see all the lies about short sellers, done deals, dollars/share, dividends, bidding wars repeated again and again with nothing but greed and hubris backing them up.

Your "day one warnings" are now years old and erhe price remains near zero.

I know the truth: dickran is a proven liar

I know what lies are, I have read them: spv, singed contracts not to sell, cease and desist lies, libel suit lies, done deals, short squeezes, dollars/share, dividends and the thousands of lies dickran has made about me being short erhe.

I know what Karma is: Being stuck with a losing stock for close to 20 years and being unable to admit the truth about it

I recognize desperate, delusional, demented, deceitful, despicable bullshit - it is all dickran has to say. All the if's, but's, going to happen's, any day now's, soon's, very soon's, done deal's and on and on and on.

So when are your short sellers going to be wiped out? Where is the Shell bidding war? Where are the dividends? Where are the dollars/share? When will any of these things happen or when will you stop lying about them?

No sir.

Your posting proves that you

1) don't know what a lie or lying is

2). You certainly don't know what "just and right" is

3) you don't know what karma is

4) and now you purport to know what truth is? Lol.

The truth is that short sellers with a near infinite ability to print shares can keep the share price below the company's intrinsic value and then use that manufactured share price as their basis for "truth", lol. Talk about making up your facts to fuel a fantasy. That's worse than any chatGPT query.

No sir... you're going to pay the price through any short position you have on ERHC. That's the truth that YOU need to accept and deal with.

But understand why that is. Understand that this entire situation is because you couldn't help yourself from talking and giving away the fact that short sellers exist. This entire situation is because you refused to heed Day One warnings designed to help you and protect you. Instead you turned on the very people trying to help you by calling them liars.

This is not going to end well for short sellers. They're going to be wiped out. TRUTH.

Krombacher

You want justice? Then file suit against the company and management. They are the ones who are solely responsible for the shape this company is in. They are the ones who hosed you. Nobody else.

I'm actually completely surprised that he's still here. It leads me to believe more and more that it's just a bot account.