ERHC Energy Inc (ERHE)

[emdyal]

"Corner the future" no but the mistakes of the past are certainly not something that these Nigerian boys appear to have learned from !

When its all peeled away these "incompetents" have spent in the area of only $350 000 to acquire the Kenya asset and another $3 million for Chad and the remainder of the almost $50 million in US cash they managed to burn away with nothing to show for it !

FIFTY MILLION DOLLARS !! Nothing but totally and mind bogglingly disgraceful ! And then they downloaded the debt on shareholders and wiped out over 99% of shareholder value !

Everything else except the current market cap is just excuses and noise !!!!!!!!!!!

Ntephe needs to pay for this theft big time in one way or another !

There really needs to be a line drawn at some point between being incompetent and outright reckless theft ! Ntephe crossed this line a long time ago !