David, not sure where you're getting your facts from...
"a publicly owned company has the responsibility to report to the shareholders about their investment on a timely basis. In the USA it is the law..."
I think you mean that companies traded on certain exchanges are required to file material events within 4 business days. As ERHE is on the OTCBB, they do fall within these requirements. I am not aware of any material events that they have been party to that have not been filed. Are you? Additionally, a pr was issued on or around 9/19 with an update to shareholders.
"or trading in your stock is suspended or down graded." Personally, I've never seen or even heard of the SEC suspending a stock because they didn't report to the shareholders "about their investment" on timely basis. I also don't know of any OTCBB stock that is followed by analysts so unsure what you mean about "downgrading".
With this company that is incorporated in the Cayman Islands and owned by a Nigerian,
ERHE is incorporated in the State of Colorado. While true that a Nigerian owns 43% of the os, I don't think that constitutes "ownership".
