Wednesday, May 20, 2015 7:29:50 PM
That ignorance, and the O/S at 2.6B, puts a reverse split front and center. Ntephe **MUST** be made to understand that a reverse split is the end of ERHC Energy.
Who knows, maybe he does understand that, and he is killing it for an Offor takeover, which would result in the mother of all lawsuits when oil is found, and oil *will* be found.
I don't trust Ntephe. I simply can't anymore. There is no excuse for running the company to the edge of a cliff like he has done.
There is no way forward for ERHC Energy with Peter Ntephe as CEO. He and Odobulu selfishly put their paychecks ahead of *all* of the shareholders they are suppose to be working for.
The ridiculous dilution is bad enough, a reverse split is a death sentence... all brought to us by Peter Ntephe.
He and Odobulu need to be fired for this company to truly move forward. Absolutely nobody can trust that they have shareholders interests on their radar after this fiasco.
There's no excuse for the Board not to act other than incompetence and/or corruption.
People maintain anonymity for a reason and it is rarely noble.
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