Addax Petroleum (fka AXC)

[Julius Erving]

Troy,

Listen up:

It really is *THAT* simple. Give the market a clue.

The September conversions would be at a much higher price. Their investment, and ours, would be at a much higher value, and it would attract financing options they have never had access to before.

But no, Peter Ntephe and Sylvan Odobulu want to continue to hide the results instead of being transparent.

Stop *doubting* or *suggesting* that they screw us over, while you know they would screw themselves also. Let's take it from there.

Conclusion is: they didn't, despite the fact that it would be better for us, THEM and SEO, and who knows more from that circle of people.

Maybe they ARE dependent on CEPSA, and not "in the position to disclose" yet.

1 + 1 = 2

1. There is no advantage for them to withhold information if they would be in the position to disclose information, good or bad.

2. They have experts guiding them, those experts would have notified them that this or that is not allowed.

Why cause all of the negative speculation by not saying anything?

They don't *CAUSE* that speculation, perhaps. I'm sure they do ANYTHING that would protect their OWN CURRENT INTEREST in this company.

Do I have to repeat that, since it is a fact for sure, a certainty, rock hard common sense:

I'm sure they do ANYTHING that would protect their OWN CURRENT INTEREST in this company.

They will not cut their own flesh, just to aggravate you, small investor. They will not *uck around with SEO, just to irritate you, the small investor.

I truly believe the "review" situation is not exactly the same as in TAIPAN's case.


"I am not an expert in compliance, but ERHC has the benefit of counsel from compliance experts who guide the Company’s disclosures. As I’ve stated in the past, when ERHC is in a position to disclose the outcomes of drilling, it will do so."


They must have a solid legal 'excuse' not to disclose anything yet. Are you suggesting that legal counsel told Peter: "Ah, you want some additional salary checks (absurd suggestion as I explained already, since ERHC still lives after the announcement of a dry hole!), well just say the dry hole is under review. It's ok, we will notify CEPSA to ask them to go along with that, so that you can get you paychecks for some additional months."

HAHAHAHAHA.

AND what about SEO? SEO will do anything to make sure that Peter get's his paycheck... right?

HAHAHAHAHA.

My dear friend, GET REAL.

Maybe it's a really good thing that nothing has been announced yet. Whatever the reason: COMPLIANCE EXPERTS go along with it!

Should I repeat that? COMPLIANCE EXPERTS go along with it!

The DOCTOR.

$300.000 invested by the !@#$%^&