OLDOIL, it is very easy to figure out what is going on behind the scenes at ERHC. Let's state first the ERHC has no money, otherwise they would not keep selling their sole to the devil at usurious rates. Let's state ERHC owes CEPSA millions for the drilling expenses per the contract. Let's state ERHC owes the IRS millions per their own PR releases.
So what they are doing behind the scenes is trying to figure a way out of this situation, when there is none. So, ERHC puts on a full court stale (Dr. J would understand) to continue receiving his pay check until this situation collapses around him and BK is filed. It is just a matter of time. Behind the scenes PN continues to stale and raise money anyway possible to keep his paychecks coming in. Even is oil in found tomorrow, ERHC has no money or credit to get it to market and nobody to partner with to get them help with their dire situation. Try to understand and accept the truth.
The share price remains in the mills or mil rays, that's 001? or soon 000? Will we EVER see a penny again? Most here have hope, my hope has left the building and this board
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