Addax Petroleum (fka AXC)

[seek the light]

I am not a short term trader.I am a long term investor. I seek only the truth. I was very negative when i learned the terms of the CNs back in August 2014. Once we got to the bottom range [after insiders bought] i bought back in and advised others to do so. We bought many times more than we had originally. So now we wait. I try to realistic about value.

The management of ERHC has operated as if it was a private company. I go back a long time and have many complaints about the way ERHC has been managed. However i do believe the assets are worth many times the current market cap and if management does decide to cash out those assets i want to get my share. GLTA!

BTW, the secrecy has only deepened in the last several months. It is unbelievable how the ERHC office in Houston is operated. Everything is classified even as to the number on the payroll. And the officers of the company make sure no one in the office knows what they are doing. But at times it seem the officers of the company are less than fully informed about what is happening in the areas where the company has assets. That said i hope the insiders decide soon to cash out the company and make a lot of money doing so.

IT has been 8 months since an update. Hope we hear something soon.