ERHC Energy Inc (ERHE)

[midtieroil]

What you don't seem to understand is that the entire purpose of a going concern statement is to warn investors that ERHC is in serious and potentially fatal economic shape. To say otherwise is false and misleading.

All companies point out how they might be able to mitigate or avoid the problem. So what? The fact that a company which refuses to disclose a lot things was forced by their current dire financial condition to disclose this says it all. Some may attempt to minimize it or ignore it. I am not foolish enough to do so. It means exactly what it says. Companies don't put these statements in their filings just for fun.