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Re: midtieroil post# 303108

Saturday, 05/16/2015 12:13:55 PM

Saturday, May 16, 2015 12:13:55 PM

Post# of 360836
Middy
Lets say we all agree with you(hypothetically), we might all be wrong as there was no proof provided by you in the first place.
You have many "opinions" on ERHC lets leave it there. Since you haven't proven anything, what makes you think we can prove otherwise as there is no proof either way.
Management has been sub par in lots of areas....but acquiring acreage is not 1 of them. Landing Cepsa was not 1 of them. Hiring consultants when they were needed is not 1 of them. Financial management has much room for improvement, but using the years from 2001 to 2007...with all the pressures that came to bare on ERHC,I think they did a good job here just to survive the DOJ Alphabet soup gang...which lasted some years and a large quantity of cash as well as the arbitration hearings for Block 5&6 JDZ. Landing Acreages in different countries was also an expense. Most of this was done with JDZ money IMO.
Shareholders of penny stocks have greater expectations then they should have on THEIR GAMBLES THEY TAKE.
Good to hear your views but they have become quite repetitive since you took your Gamble with this OTC penny stock.
Cheers Middy...have a great weekend!