Peter J
2 hours ago
homebrew, ssc says:
Keep watching? You've been saying that over and over for 10 years
All the way ssc was here... without shares. Is it starting to sink in that ssc for sure has irons in the fire here?
Or do you think he really does this to 'protect' a few potential Expert Market, Skull & Bones investors..?
You could be right about krombacher, but at the same time I could be right about ssc...
For some reason you never understood that, the former doesn't rule out the latter... but you always were 'afraid' to use your common sense on ssc's case... just like badoggy...
Use your common sense when it comes to ssc's posting frenzy. It's evidently of GREAT IMPORTANCE to him... he reacts pretty fast always... it's the number one thing in his agenda.. for the last years... and years...
Use your common sense... he doesn't give a sh@t about other investors, I can assure you that.
Krombacher
3 hours ago
To SSC — Still Dodging, Still Projecting:
You say “goodbye to logic,” yet ignore verifiable legal documents that confirm the gag order’s existence. Let me walk you through it — slowly:
The 400+ pages of court records explicitly reference the gag order.
ERHC’s own rebuttal to the SEC cited the gag order as a constraint.
And most telling of all: the SEC adjudicator ordered the SEC Division to respond to the gag order because it must be addressed. That’s a legal directive — not speculation.
You pretend this is fantasy because it threatens your fragile narrative. But real due diligence doesn’t cherry-pick facts just to win message board points.
Meanwhile, you keep parroting “ERHC is dark,” while completely ignoring the PPP loan, which required certification of substantial revenue — likely at least $1.6 million annually given the amount. That’s not from me — that’s based on public PPP guidelines. But I get it — that would undermine your illusion that ERHC is inactive.
You accuse me of desperation, delusion, and hubris — but those are just words to mask the fact that you have no rebuttal to the actual facts.
You’re right about one thing though: “Keep watching.”
Because when this flips — and it will — you’ll either learn something, or wish you had.
Krombacher
ssc
3 hours ago
Keep watching? You've been saying that over and over for 10 years. Now it looks like even a prolific liar like you is running out of ideas. So it's back to the gag order keeping erhc from filing and forcing Offor not to comply with SEC regulations. Of course you can't provide even 1 example of a gag order that ever did such a thing so good bye to your "logic and real-world behavior". All we see here is the thousands of repetitious ravings of a desperate, delusional, greed and hubris filled, not able to face the truth, wannabe billionaire charlatan.
The only reality is erhe near zero for more than 7 years, no buying interest, nothing but darkness from management, and a stuck shareholder who has dug him/herself into a deep, deep hole with no daylight in sight.
Krombacher
4 hours ago
To SSC and the Echo Chamber:
You can keep typing novels filled with projection, but here’s the reality:
I laid out a thesis — grounded in the mathematical absurdity of trading volume and public filings that show ERHC’s revenue was sufficient to justify a PPP loan (look it up). Add in the sudden evolution in short-seller language — from “not shorted” to “a billion shares aren’t short” — and it reeks of shadow games.
You ask, “Why go to such lengths without proof?”
Because markets don’t hand you proof before the move. They deliver it after — through lawsuits, SEC filings, margin calls, and panicked cover stories.
You’re stuck in the mindset that if it’s not on EDGAR, it doesn’t exist. That’s not skepticism — that’s intellectual laziness.
It’s also just common sense that Emeka Offor — the founder and original majority holder of ERHC — wouldn’t sit idly by and allow himself to be diluted into irrelevance. Of course he would pick up shares to restore or exceed his original percentage. The lack of an SEC filing doesn’t disprove that — it merely aligns with the same reason financials haven’t been released: a gag order. To assume otherwise is to deny logic and real-world behavior.
I’ve done the digging. You’ve done the attacking. That speaks volumes about who’s threatened by what.
And if you honestly believe I’ve posted thousands of times over years just to offload a few million shares at a penny, then you don’t understand risk-reward — and your instinct for truth is worse than your math.
Keep watching. You’ll learn something.
Krombacher
ssc
7 hours ago
Don't blame oldoil or any of the other stuck, mindless dickran minions. All the short seller nonsense emanates directly from dickran, erhe's largest stuck shareholder, the other just parrot it. He/she fabricated the entire erhe shorting narrative, complete with lies about billions of shorted shares, epic short sellers, African Queen buyer, and a sketch of a head dickran claims to be erhe's largest short seller (demented? Judge for yourself).
Why go to such lengths and post falsehoods about erhe shorts thousands of times without being able to provide any proof erhe short positions exist? Two reasons:
1) dickran needed a way to explain why he/she and his/her group own close to 2 billion erhe shares while there has been no insider buying since the 1:100 reverse split that wiped everyone out years ago, and no one owning more than 10% other than dickran. So he/she created the bullshit narrative that Offor owns 1/2 or even as many as all the erhe shares and the only way that could be possible is if billions of erhe shares were sold short. Never mind SEC disclosure requirements for insiders and 5% or more owners. Never mind FINRA. Never mind the facts (as dickran says, it's not a lie if you say you believe it lmao).
2) Even a short price bump prompted by false rumors about shorting and a dollars/share short squeeze could give dickran the opportunity to unload some of his/her 400 million shares. Even at a penny dickran could make $4 million.
It's as simple and as devious as that. And dickran clings to the erhe shorting narrative as deceitful and desperate as it is. Stuck with close to 400 million shares, huge 6 figure losses, and driven by greed and hubris, it's not surprising how low someone can go.
fung_derf
1 day ago
Delays happen.
Dang! Immediately out of the box with excuses. Great investment leader you are!
The truth is: you don’t understand. Because if you did, you’d realize how pointless it is to argue with a predetermined outcome. It’s baked in. It's machinery. It's legal. It's already happening.
Now, look in the mirror and repeat this over and over. You don't understand and you don't realize how pointless you are. It's already happened.
The fact is, the only excuse you have for people being here correcting you is that they "must" be short. Not that they have the common sense you lack, or the ability to read for themselves. You have to cry "fake news!" It is all you have. You have no evidence and you've already backtracked on your deadline.
Warren Buffet finds value, you find fantasy.
And you're right about one thing, I'm not in control and I am in the shadows watching you make a fool of yourself. I would never be so stupid as to fall for your nonsense and lies. You can't even support your wild claims with any facts and you refuse to tell people your cost basis or how many shares you've sold.
You're a broke man's Bernie Madoff.
Krombacher
1 day ago
Delays happen. This is Africa. And yes—I reserve the right to move the goalpost on any “deadline.” You can scream from the mountaintops about it, as others have before, but the volume remains dead and the market yawns. So if the deadline moves, what changes? Nothing.
The price does not equal value. If you think otherwise, call Warren Buffett and tell him his entire investing philosophy is wrong. I’ll wait.
The truth is: you don’t understand. Because if you did, you’d realize how pointless it is to argue with a predetermined outcome. It’s baked in. It's machinery. It's legal. It's already happening.
What amazes me is that short sellers think they can talk their way out of this. That words and forum posts can override contractual structures, legal filings, or insider coordination. They can’t.
A short sellers only two choices:
1. Cover early in a preemptive squeeze while they still have some narrative control..
But this requires courage they don't have.
2. Or ride it out and face the full force of the financial backstop.
That's it.
That's all there is.
You're not in control.
You're not even in the room where this is happening.
You're just watching shadows on the wall.
— Krombacher
fung_derf
1 day ago
LOL...Once again...I don't understand....I need to do a search on your posts to see how many pages of posts you've said someone does not understand.
I’m documenting the movements of the very real machinery beneath this ticker.
Oh goody. So you are about to post your proof! You've already glossed over the fact you've given a deadline date.
Share price does not equal value.
Actually, that's EXACTLY what determines value. Do you not understand the usage of money?
Saying “I’m not short” while actively spreading fear, doubt, and misinformation = fraud.
No, it doesn't. Saying I'm not short and offering you a $10000 bet to prove it is actually a proven claim. One does not need to be short anything to determine if something or someone is a scammer. You stating (for fact) that is does is actually the fraud.
I noticed you had removed all your past accusations of me. Are you starting again?
When the consequences arrive — in whatever form they choose — the record will show that I spelled it out, in public, repeatedly.
So now you're rescinding your offer to admit you were wrong and stating your naked short theory is factual and you are guaranteeing it?
ssc
1 day ago
News Flash: guerguerian dickran, erhe's largest shareholder, has determined September to be the drop dead time frame for his/her "backstop" which, according to dickran, holds the key to any chance of success for erhc.
Of course based on his/her long history of twisting and squirming out of every failed past prediction, come October there will surely be excuses, new narratives, and more baseless claims, false rumors and outright lies. As dickran's latest July/August deadline has already been added to the misinformation dung heap, no one knows if there will be drilling in September or whether drilling by Shell at any time will have any impact on the stagnant, near zero erhe share price.
So an actual September deadline. My, my, my, Mr. share price doesn't matter, hold until the end of time, not based in reality, wannabe billionaire, about to be humiliated again. The reality is, dickran has already floated his/her "wait until 2026" turd, so don't be fooled by the September...backstop to be or not to be bullshit. Who among us is the lying, twisting, squirming scumbag? Everyone can watch in October and see the answer, or just use the Gold Standard test: is erhe closer to zero or dickran's promised dollars/share?
Krombacher
1 day ago
To Fung_derf and the Rest of the Windmill Watchers
You think I’m Don Quixote?
No — I’m not tilting at windmills.
I’m documenting the movements of the very real machinery beneath this ticker. Machinery that shorts desperately pretend doesn’t exist. You mock because you don’t understand. And yet, I don’t need you to understand.
Because I have 100% certainty that shorts will learn the lessons I’ve laid out.
The only variable is how costly that lesson will be.
Some will learn with manageable financial pain.
Most will learn with devastating, irreversible losses.
But learn they will — truths like:
Share price does not equal value. The tape doesn’t reflect intrinsic or future worth when distortions (like naked shorting) exist.
Speculation is not lying. A thesis built on filings, behavior, precedent, and analysis is not a lie just because it lacks a press release.
Saying “I’m not short” while actively spreading fear, doubt, and misinformation = fraud. Especially if positions (or affiliated accounts) benefit from that narrative.
Patience isn’t blindness. It’s positioning — knowing that some moves aren’t telegraphed. They hit fast, hard, and without warning.
You call this self-importance. I call it advance warning.
When the consequences arrive — in whatever form they choose — the record will show that I spelled it out, in public, repeatedly.
You don’t need to believe me now.
But you will remember me later.
Krombacher
ssc
1 day ago
Delusional, deceitful, demented, desperate, despicable dickran nonsense at its typical asinine worst:
if the backstop itself is in the dollars
As always, keyword is "if", as in IF any of the thousands of dickran's bullish claims about erhe over the last decade or more weren't greed and hubris driven bullshit it wouldn't be necessary to churn out one false new narrative after another to try and recoup his/her huge 6 figure erhe losses. The fact is none of those claims were able to move erhe away from its perch near zero.
The backstop I see is the one provided by impotent erhe shareholders who do nothing thereby enabling Offor and Ntephe to operate in secrecy and do anything they want.
ssc
2 days ago
There's nothing new to post. dickran and his/her impotent group of investors that controls close to 2/3 the erhe shares have sat quietly by as erhc management cut off communications, transparency, and required SEC disclosures for more than 7 years. What did that passive, cowardly lack of action get them? Ownership of a worthless stock, no idea what assets, share structure, insider ownership, compensation has happened for the last 7 years, and a desperately stuck leader who makes up one bogus bullish story after another in an effort to recoup even a small part of huge 6 figure losses.
Latest dickran narrative is laying the foundation for more of the same nothingness into 2026 and beyond. It is both pathetic and laughable to watch him/her continue to cling to the same old gag order, epic short squeeze, dollars/share nonsense as greed and hubris will not allow any acknowledgement of the truth.
kingpindg
3 days ago
Sorry, I'm not following this one at all.
"If Shell intends to re-enter Block 4..."
Why would Shell re-enter Block 4? They are the current license holder, are they not?
And they signed the Block 4 PSC in August 2024, so any deals between ANP-STP, Shell, and ERHC would have been completed prior to that, long before the FCPA pause.
.
ssc
3 days ago
krombacher, aka guerguerian dickran as he/she revealed right here on ihub, is simply a delusional, desperate, deceitful, greed and hubris filled individual trying to recoup some part of his/her huge 6 figure losses in erhe, even if he/she has to do it peddling bogus insider info at $100/pop. Incapable of admitting mistakes or facing the truth about erhc, dickran's parade of one asinine new bullish erhc narrative after another marches on - pathetic and shameful as it is.
ssc
3 days ago
Getting your shorts and longs mixed up again. Short sellers take positions after great news and huge run ups. They act when pompous, greed and hubris filled wannabe billionaires buy into get rich, can't lose, lottery ticket "speculation" and "dot connecting". Like when erhe ran up to close to a dollar (split-adjusted $100), and greedy pigs didn't sell, swore it was worth multiple dollars more, couldn't read the message that JDZ drilling was a flop, and then continued to buy and hold all the way down to near zero. Short sellers who shorted any of the hype - "erhc has proven", buyout, Kenya drilling, asinine "dilution insurance" scam, "Kaboom" scam, convertible debt won't cause dilution scam, gag order scam, Total done deal scam - they all made maximum profits as erhc diluted and diluted and reverse split and diluted again.
As all available records show, there are no erhe short positions left. Only the made up ones held by dickran's delusional sketched headed short sellers. That's why no amount of baseless claims, false rumors or outrightlies from erhe's largest shareholder and liar in chief have moved the share price away from near zero for more than 7 years. Now the latest narrative rife with excuses for erhc management silence and no buyers to be found. No surprise there; now it's a thunderclap instead of a kaboom lmao. What else can he/she do when stuck with 400 million shares and desperate to recover huge 6 figure erhe losses.
Krombacher
3 days ago
Why Short Sellers Will Lose Everything
One thing has become increasingly clear: short sellers operate without conviction. They demand proof. Hard evidence. Confirmed press releases. Signed filings. Without it, they assume nothing is happening.
So when there’s no headline, no 8-K, no leak or public announcement, they immediately conclude: ERHC is finished.
They ignore logic-based speculation. They dismiss pattern recognition. They mock forward-looking analysis. And when someone presents a well-reasoned thesis based on contracts, filings, vessel movements, and precedent — their response is always the same: “Where’s the proof?”
But that’s the trap.
Because they refuse to believe in anything they can’t already see, they will take no proactive action.
They won’t cover.
They won’t hedge.
They won’t prepare.
And by the time something material happens — whether it’s a dividend, a settlement, a buyout, or a court-triggered event — it will already be too late.
At that point, they’ll be:
Locked out of volume
Trapped in illiquidity
Scrambling to unwind at higher and higher prices
Their best option — even now — is to initiate a premature short squeeze on themselves. Exit before there’s an official catalyst. Exit while everyone still thinks ERHC is dormant.
But they won’t. Because they can’t act on faith, foresight, or risk management. They only react to certainty. And certainty, in this case, will arrive like a thunderclap — sudden, final, and impossible to trade around.
By then, the door will be shut.
And their loss will be the very proof they waited for.
Krombacher
Krombacher
3 days ago
Could Trump’s FCPA Pause and Shell’s Potential Payments Explain ERHC’s Quiet Deal-Making?
🇺🇸 1. FCPA enforcement is paused, not repealed.
On February 10, 2025, President Trump issued an executive order directing the Department of Justice to pause new FCPA enforcement actions for 180 days, pending internal review and new guidance. This does not make bribery legal — it simply creates a temporary window of reduced enforcement risk. U.S. companies operating in Africa may have viewed this pause as an opportunity to navigate gray areas with less fear of prosecution.
🛢️ 2. Shell’s Block 4 re-entry — could it be leveraged?
If Shell intends to re-enter STP Block 4, they’d need cooperation from local authorities. Under normal FCPA rules, any facilitation or "grease" payments could be prosecutable. But during a pause? There may be room for maneuvering. If Shell offered any financial consideration (cash, equity, or otherwise) in exchange for regulatory smooth sailing, the timing would align perfectly with ERHC’s ability to monetize its position.
Could ERHC have been granted access to additional blocks or licensing incentives as part of a broader deal—one that took advantage of reduced U.S. enforcement pressure? It’s plausible.
🧭 3. ERHC’s silence may reflect legal and strategic caution.
ERHC has been unusually quiet, even by its own standards. But that silence may be intentional, driven by legal constraints, NDA agreements, and the sensitive timing of international deals. Courts, regulators, and seismic schedules all operate slowly. If any coordination with Shell or local governments is in play, it makes sense that the company would keep its head down until the moment is right.
〰️ In summary:
This isn’t a conspiracy. It’s geopolitics, law, and corporate strategy:
The FCPA pause creates a rare, temporary soft spot in enforcement.
Shell’s interest in Block 4 could justify discreet, strategic facilitation.
ERHC’s low profile may not reflect inactivity — but discipline.
If you think ERHC is dead, ask yourself: why would the company and its long-standing investors stay silent this long if nothing was happening?
And if you suspect something big is quietly brewing — what does that tell you about the stock’s asymmetric potential?
Krombacher