Addax Petroleum (fka AXC)

[midtieroil]

If anybody was drilling a well or doing seismic in the JDZ or EEZ everybody in the world would know. Having said that there are likely a very few that won't do the basic DD needed to find out the vital information about their own investments or about what is happening in the oil industry in general. I am not one of those people. I believe in keeping fully informed about ERHC and my other investments. It is really not that difficult.

And no I wouldn't touch ERHC with a ten foot pole. 13 million in debt. In danger of losing Kenya. No cash left. No wells planned. No remaining authorized shares. No interest in deepwater drilling. An IRS lien on their assets. More toxic convertibles still outstanding. That is way too much baggage for the vast majority of investors. Hence the .0001 share price.