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Trenwick_Legal_Talk in Yahoo and the info you want is in the FILES section there. I am owner of group and will approve all I see for entrance.
Just looking at the corporate structure chart would give me headaches that took hours to go away!! And then reading the flows of business and finances made it worse. What a freakin mess!
That's NOT funny.
I have forbidden that name be spoken in my house.
Yeah, well, next to your writings anyway!
Geez.......... it just makes my head hurt!! I had never been involved in an insurance company before, and the layers of corporate layers was well beyond me for a long time. It took forever to get a grasp of the structure.
All because of a day trade gone bad..............
Yeah. Sounds like the one I remember!! Can't say I miss him though.
Maclaren.. oh my! Memories are rushing back... I don't know if I can handle it all again... lol
Let's see what the week brings. I'm not ready to dig into the archives looking for a quick refresh of what we may have here.
Good to hear from you again Madam President!! Hope all is well for you across the big pond. Maybe we get a reward someday.
Yeah, something like that!!! I took the writedown here for dead shares a couple of years ago.
I'd love to have to take the gains next year.
This stock taught me the true meaning of FLUID.
Oh my....... is it really you???? Madam President???
We still have a heartbeat.
The BEST thing to happen to us in recent past was to have the SEC and other alphabet soup gangs check us out.
It ticked off the short term holders here, but it will either cleanse us or indict us, which is exactly what we need to have happen to move forward as shareholders. Let's get the issues resolved and move on. If there is a fine to be paid - let's pay it and move on.
The price drop in the past 2 years has not been a negative factor for me. I was looking to the future of OIL - YES OIL - for our company. Going from $.95 to $.20 was disheartening, but it was a blessing too. See, only the people who were looking to sell were affected negatively by the price drop. Like many other people here, I BOUGHT MORE.
It's about the oil. Yes, oil. I've said it for years - the rest is all ego crud. It's the oil that makes or breaks my gamble here.
Now, those billions of shares Sinopec was buying in the high $.80 as reported on this board, well that's Sinopec's problem. Never saw any filings on that joke of a story either.
Focus on the oil.
The oil.
The oil.
Focus on the oil.
As best I know, like Oilphant, I am entitled to my opinion. Just applying some credibility for others to see, as apparently he is held in VERY high regard here. I welcome links to the news he posted was taking place the week before too!!
Have a great weekend!!
Go ERHE. To duh moon!!
Anyone know how this turned out for us?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28039613
As expected, actually. Still batting 1.000 when predicting timelines.
Or at least the promised land of $.80
Was taken the way you intended. Fun is important! I enjoy a good laugh, even at my own expense!!
If indeed there is a big buyer sitting there and he felt comfortable buying at $.55 - $.60, he ought to be thrilled with tomorrow's opening price!!
Hey..... I thought I would give it a shot. Stranger things have happened. LOL!!
Maybe another set of eyes or two got opened in this past week.
Edit: Haven't you ever bought a lottery ticket?
I take it nobody has found links to the news stories FREQUENTLY indicated by Oilphant's posts last week. If so - please post them. Thanks.
That's a shame. Not surprising, but a shame. We deserve better than to be treated like that here on this board.
LOL!!!!
That was great!!!!!! I almost fell out of my chair!!!
The picture will stay posted, but your response doesn't have a chance!!!
And I'll prolly get chastized for writing this.....
Offshore accounts allow it.
Better not look at the tape again!
EXACTLY
Which is why some of us feel no political party affiliation or loyalty.
I'm quite capable of determining what is good for me without some lying politician telling me.
Where's Pat Paulsen when we need him?
I don't mean to step in for spec here - he can handle himself.
But asking someone to back up a statement is a waste of time around here. We had 4 VERY DISTINCT AND CLEAR statements of NEWS from a poster this past week, none backed up by facts.
I'D REALLY LIKE TO SEE THOSE NEWS RELEASES. PLEASE SOMEONE PROVIDE ME THOSE NEWS ITEMS. THANKS.
Here's a fact: Rancho's credibility wasn't that much away from our prophet's credibility. Some may even say they are the same. Talk about a pattern offender of your PROVIDE PROOF issue!!
In other words, why is Spec expected to provide evidence of his statements if nobody else is required under the same expectation??????
Welcome back DQ!!!
Nobody knows why we have this movement right now. You know the assets here - nothing really has changed. The timeline has gotten closer - that's about it. There is a chance that drilling could start in 4th quarter.
Trillions of unproveable rumors for the upcoming shareholder meeting, including nasty plans by our company to make a hostile move toward shareholders.
No FACTUAL basis for anything right now.
TopShelf
After the reaming we took from EO getting our debt cleared, I swore to myself and this board (it actually was probably the RB board at that time) that he only would get one more chance from me. I still stand by that statement. We got back-door hosed big time there. While I have let the experience go, I HAVE NOT FORGOTTEN IT. As one of only 2 people I can recall really upset over the event (the other was TheDane), I took serious heat from the strongest of supporters for ERHE, including some who seem to remember my posting history differently that it actually is.
I have stated before, and will again, that there are 3 things that always concerend me about this company:
1. We actually may have done something illegal early on in our history
2. We end up in a litigation battle over our rights that takes years to get worked
3. The company chooses to use the PREFERRED SHARES as a method to enhance our status
I'm far less concerend about 1 and 2, but I remain conscious of number 3. If there is an actual buyin (a company purchasing a portion of our company), I would expect that preferred shares would be used rather than our common shares in treasury. And I don't like that prospect one bit. Far more money could be raised, and in a benficial way to the buyin candidate using preferred shares, and that would knock us back a peg on the totem pole. However, I just don't see that taking place right now, and I certainly HOPE it doesn't.
I always have my eyes open in this investment. That's why I only have a couple membermarks myself!!! I don't make a good lemming.
tryoty
I can't say I've gone down the path you described to me!!! And, I don't want to!
And your last statement - is SPOT on. I'll be waiting too, with my net in hand.
I thought I read somewhere that proxies will be offered online to those with that capability within their accounts too.
That could allow some of us to wait before voting, especially those that are more fearful of some grander conspiracy taking place. It may be worth a phone call to your (meaning each individual here, not you TS!!) broker.
TopShelf - my gullible comment was intended more for the many lemmings we have here than for you personally. Your post just struck me as the right time to voice my opinion. I apologize for any misunderstanding it brought about.
Your posting history is clear, and appreciated.
I agree that we need to focus more on facts rather than dot-connections that hours later are treated as facts. We need to keep in mind what is fact and fantasy. No, there is nothing wrong with dot-connections, as long as they REMAIN TREATED as such.
Dot connecting can be a fun and rewarding pasttime, but based on facts - it can also be informative. Based on ambiguous statements clearly having no contextual basis....... well, my opinion is that they are clearly fantasy.
Well stated TopShelf. Clear and unambiguous. If we could put stars on posts here, I'd give yours a star.
Thanks for sharing.
Garsh.........!
I will have no trouble allowing my shares to be voted by the management of this company for any business brought up at the meeting, should I decide not to go to the shareholder meeting. That decision hasn't been made yet. Quite obviously, they are far more versed in what is going on with our company than I am, and I am basically FORCED to trust them. The alphabet soup gang would need to conspire with them in order to screw me in the proportion feared on this board. Should that happen, my individual vote would be inconsequential anyway!
I really didn't expect a straight and honest answer to your question to change your opinion at all. Not even a little bit. It's not your style, and that certainly is your right.
And by the way, there are more than a couple thousand shareholders of this stock. Brokers are considered one holder - all E-Trade accounts equal one holder, all Ameritrade accounts equal 1 holder etc.... That's another fallacy that some need to understand here. If the company were to have enough space to accomodate all shareholders, we would need a football stadium. The FACT is that most shareholders (as has been proved by the ignorance being shared around this board concerning our own shareholder meeting) don't know what they are signing when they do so on a proxy card. Management counts on that!!!!!
EDIT: And by the way, who was thrilled with the cleansing of the debt and who wasn't? We have differed on many things with this company, but one thing I HAVE NEVER DONE is give this company's management a free pass. NEVER. No sir, and for you to insinuate I would is a big fat LIE to the people reading this board. At least be fair in criticism of me. Because I won't fall in line with the (to me) ridiculous conspiracies presented here is no reason for you to change my posting history. Thanks.
Fishdog, I am shocked at how few have actually ever read a proxy before. Either they have never voted one or never took the time to understand one before. It's scary to me!!! We have a RANCHO sized conspiracy going on here!!!
Unreal.
Balance - you ask:
"Didn't it raise anyones curiousity when they indicated they would vote on properly proposed shareholder deals? Has one poster on this board ever seen anything of this nature before?"
The answer is yes, and I already responded to it in another post. I guess you must have me on ignore - can't says I blame ya!! It is VERY COMMON language what has been put into our filing, as well as the language about voting rights passed to the company.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27735154
I can't believe that nobody here has ever read a proxy statement before!!!
Oh well - I realize I am the wrong messenger. I can live with that. Feel free - as I know you will - to sound like Rancho!!! You definitely write better than him though, and make a better leader, but the paranoia is about at the same level.
Have a great weekend all. Hopefully we continue the uptrend next week.
Oh - PS - Can you post for me a link to any of the news released this week to which Oilphant promised (XOME or ERHE)? Thanks in advance.
No news this week like promised via XOME or AFTER HOURS Friday.
Did you really expect it? Some of us aren't that gullible! None of his timeline posts have ever come accurate. Why would they start this week?
Yes, I agree with you entirely about him.
And, by the way, I do appreciate your insights and comments to our board about our investment opportunity.
Thanks very much. Best of luck to you.
I'ts unlikely he will ever hang up his pen. Why? Simple. Because people read it, bring it here, talk about it, and that creates more traffic for his site.
Economics 101.
Before I decide which buyout to vote for, I want to evaluate all of the XOME news that came out this week. The board (BORED may be more appropriate) prophet stated on several ocassions there was news, but he - and all of his disciples - refuse to post the information for the board, which for some reason leads me to believe there may not have been any.
For that matter, why haven't they posted the "chatter" news that was suppose to have come out after the bell yesterday?
I'm thrilled by the price increase this past week. The devoted longs here are certainly deserving of it, and what more is to come (in my opinion). However, I'm really disappointed in the way there is no accountability for the obvious intentional lies being spewed upon us here.
We deserve better than that in our community, if we would like to remain the best community available.
LOL!! Talk about a sermon delivered too late in life.
There are many of us who started flipping ERHE years ago and fell in love. Learning the fundamentals of that one and sorting out the politics took a short time, and then marriage was inevitable.
If only real life marriages could be as strong as the bonds formed between that stock and its owners. No joke and no pump - that is one grossly undervalued stock. It's no PBLS, for sure. Just a matter of WHEN, not IF, which creates the need to be in it all the time.
722 million outstanding shares, and we can't get 3 million traded in a day where we go up almost 30%. Think about it... You think there are some pretty serious holders of that one?
Thanks for the info DAT.
If I remember correctly, Rancho said a lot of things!!!! LOL!!
Boy, those were the days.....
I wonder which institution got lucky enough to house him.
First Atlantic Bank 60,641,821 8.4 %
4/6 Adetokunboh Ademola Street
Victoria Island, Lagos
From the 10-K filing.
http://www.sec.gov/Archives/edgar/data/799235/000114036107024330/form10k.htm