Addax Petroleum (fka AXC)

[seek the light]

HMMMM! What is the meaning of this:
5. Other Business Activities:

a. In the light of the current oil price environment and continued constraints on funding for oil exploration activities, ERHC’s management and board are working toward a strategic realignment of the Company.
b. ERHC has also received and continues to consider exploratory enquiries about mergers and acquisitions, new strategic investments and other arrangements.