InvestorsHub Logo
Followers 54
Posts 11634
Boards Moderated 0
Alias Born 12/08/2004

Re: midtieroil post# 314648

Sunday, 03/06/2016 2:00:45 PM

Sunday, March 06, 2016 2:00:45 PM

Post# of 361298
"Are you aware that the Tax Court decision came down in February of 2015?"

I was not.

"ERHC waited a year to even tell us about it."

So it appears that it was an intentional move by the management with a fiduciary duty to work in the best interest of all shareholders to release this $4.7M negative swing on the books just days before drilling.

There aren't many reasons that they would do this and only one that would be in our best interest.

This mess is going to end up in court.

People maintain anonymity for a reason and it is rarely noble.