ERHC Energy Inc (ERHE)

[condor1]

Just dealing in facts ,both positive and negative. I used to invest in another company,always nothing but positive on perspective. I lost a ton of money, when they ran out of money. And they never did tell the full truth.

Yes, there is Kenya and Chad. There is JDZ and EEZ.... and? They never anticipated the high cost of drillships in water...a poor and ignorant executive decision making process. They spent the buy in money way too fast.Another poor decision.

Only with fast footwork,have they facilitated a second bite of the apple.

And they are not themselves,buying shares, only receiving paychecks.The money ran out once. Who knows, maybe a second time in the future.

My worst most negative possible perpective is that all of these moves are so that the execs and staff can continue to reap a bi weekly paycheck,and stringing along some good news in Kenya/Chad.. But Cepsa believes $39 million , so it must be real.

Any prudent investor ,after buying shares 10 years ago, and no paydays,Other than Exile, no revenues , just spending for 10 years+ would have doubts and some negative perspectives. Let them breathe