Addax Petroleum (fka AXC)

[manuel06]

midtieroil
deliberate......done consciously and intentionally.......

"But deliberately and repeatedly hiding material information is far worse. And that is exactly what happened here with ERHC". Midtieroil, you use the word deliberate, and then say "Whether this lack of disclosure was a deliberate attempt to deceive or whether it was due to a total lack of any management and oil & gas experience will likely never be known". the last point of your last sentence, is not valid if it was deliberate. Lets not forget that they had legal council, and experienced accountants working with them. IMO there was deceit...the action or practice of deceiving someone by concealing or misrepresenting the truth.

Baz....a digruntled shareholder