ERHC Energy Inc (ERHE)

[tryoty]

Let's say you're right. Given that assumption, why is this management still there? Offor has many millions of his own money invested in this, and at one point his position was worth over $300M. If you are right and ERHC management squandered the $720M market cap it once had, why did Offor not instruct the BOD to find competent management?

Please don't disrespect me with some argumentative flippant answer. Give it some thought and come up with most likely scenarios. I'd like everyone to post their thoughts, but I know how this will play out. People are going to dream up every worst case scenario they can instead of giving an honest answer.

Offor not doing anything while $300M went *poof!* makes no sense. I don't care how loyal management is to Offor, wiping out his investment is grounds for termination.