ERHC Energy Inc (ERHE)

[stocks2rise]

All this talk about what Offor is going to do is ridiculous. He is a shareholder like us. He is not an officer anymore. The only control he has is whether or not he is going to sell on the market or buy on the market. He is the major shareholder yes but he is not on the board of directors. He cannot fire PN. He can call for a vote and being the majority shareholder he can vote him out. Also, tryoty mentioned that he is $30M down. That is in US dollars. His billionaire status is in Naira. How much is he down in Naira? 604 Million Naira! That will be a much larger figure to him and more meaningful. I think he is like the majority of us in that he is sick to his stomach how his investment has been beaten down by an incompetent CEO which he had hand picked to begin with. I don't think he wants to throw anymore money into this Pig Sty. He may have to float ERHE a loan just to keep the company afloat until drilling. God forbid if we hit a duster in Kenya. If that happens PN better brush up on his butler duties because he will be serving Offors family for the rest of his life.