Addax Petroleum (fka AXC)

[emdyal]

So ERHC is beat down on a daily basis to essentially force a deal with Eland or Starcrest that would facilitate an ERHC asset transfer.

We have no idea really what kind of deal has been set up in Kenya with the government that would keep ERHC in the game.

Is there such a thing as any African government that is not corrupt. Its not totally off the wall thinking that ERHC has deals made in Kenya and that there still remains an actual asset there that these insider Nigerian boys would like to get their hands on and away from the ERHC shareholders of some 3 billion shares !

This had to be the thinking all the time they have been issuing 3 billion shares in toxic debt ! Certainly they had no plans of sharing any possible drilling success in 11A or any other assets, across that many shares ! Its always been to screw the ERHC shareholders to benefit the insiders !

The bottom line is playing out in plain sight under everyone's noses and is the only scenario that makes any sense ! These guys are not to be trusted - way too many clues being scattered about here every day !