ERHC Energy Inc (ERHE)

[tryoty]

Electick, ho hum is an understatement...

The letter opens saying management wants to update its shareholders with recent activities, then goes on to say they are looking into candidates for management positions.

There wasn't a shred of new information in that fluff. Golly, their CEO quit and their CFO got fired, and they want to make investors who have seen a SHORT TERM 60% drop in share price feel better by saying they are looking for replacements?

Is anyone surprised ERHE is looking for a CEO/CFO? I'm not.

ERHE's lawyers are like a lion on a gazelle, devouring all they can. We had $40M in cash on the last statement. If it's anywhere near $30M or lower in December I'm gone. The longer they screw around the more likely shareholders will get screwed.