ERHC Energy Inc (ERHE)

[manuel06]

Condor
Do you think Ntephe should have not spent any money to defend itself against the DOJ...and ABC gang etc. I guess he could have gotten rid of every one on the DOD and also any consultants or employees or engineers. He also could have stopped attending any conferences(where it seemed he was able to acquire Kenya and Chad). There would be no diversification to land based prospects without spending some cash there. It took 6 years of defense. You talk like it was just everyday business that decreased the 50 million from the JDZ. It is hard to oppose your reasoning ,when you don't alter your thinking about what it took to acquire land based properties and prior to defend itself against the DOJ etc.

from the ERHC web site
Ntephe spoke.2012
."Next week will mark the sixth anniversary of the worst day of this Company’s history when the first of those subpoenas was issued. It is hard to fathom the damage that was caused and the enormous cost that was incurred. It is true that the investigations apparently became moribund some time ago but I couldn’t be happier now that we have tangible written confirmation of closure. We expect that some of the challenges of selling the ERHC proposition to the larger investment community might now be significantly lessened without the cloud of suspicion raised by the subpoenas".