ERHC Energy Inc (ERHE)

[tryoty]

Suggesting that convertibles will continue to be used is a scare tactic. They raised roughly $2M by crushing the market cap from $30M to the current $4.5M over the last year.

They can't raise squat with the market cap this low. They need to put their big boy pants on and find a solution that isn't so "quick and attractive"... words Ntephe should have been fired for long ago.

Emeka Offor is an idiot for allowing Ntephe and Odobulu to remain. Offor needs to bring in a completely new BOD that actually oversee's company activity and whose first action is to fire Ntephe and Odobulu. That's step one in restoring confidence.

As long as the clueless duo are allowed to remain this stock will have trouble going anywhere. I don't trust them. I can't trust them.