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Wednesday, May 24, 2006 3:50:28 AM
In general, I do not invest in companies as such, but in management capable of delivering results. In other words I invest in people who can deliver.
I have based my decision to invest in erhc solely on SEO's involvement. I know his powerbase and I was convinced that he would get the rights for the Company.
I am 100% sure SEO bribed government officials in STP and FRN. Why, because in those parts of the world bribing is as natural as breathing. It is a cultural thing. And we all benefit, don't we.
Now my only concern is whether SEO structured these bribes outside the scope US FCPA legislation. When looking at the 10Q I observed some issues that potentially tie back to the Houston office, such as the 9% in block 4, the interest charge of sinopec, and the feltang deal. That's all.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
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