Addax Petroleum (fka AXC)

[EZMONEY36]

SSC – Made Up! Here is a dose of reality. On page 7 oft the ERHC’s Oct 25 2019 administrative Proceeding Link: https://www.sec.gov/litigation/apdocuments/ap-3-19419.xml

Reference: Eagletech Communications, Inc
Answer at 2. ERHE attributes its delinquencies to litigation over mineral rights with a third party. This argument is unavailing. The Commission has repeatedly held that third party conduct does not excuse a company's failure to comply with its periodic reporting obligations. Eagletech Communications, Inc., Exchange Act Rel. No. 54095, 2006 SEC LEXIS 1534 at *6 (July 5, 2006) (third party criminal activity); Cobalis Corporation, Exchange Act Rel. No. 64813, 2011 SEC LEXIS 2313 at *20 (July 6, 2011) (actions of shareholder in forcing involuntary bankruptcy proceeding and forcing i~suance of stock did not excuse Exchange Act violations).

https://www.inquirer.com/philly/business/20070111_Business_news_in_brief.html
Valley Forge stockbroker pleads guilty to fraud
A stockbroker at Valley Forge Investment Group has pleaded guilty to conspiracy to commit securities fraud and wire fraud related to a scheme that defrauded investors of millions of dollars and led to 17 criminal convictions. Robert Montani Jr., 45, pleaded guilty just before he was to go on trial in federal court in Newark, N.J., for manipulating the price of two thinly traded stocks from 1999 to 2001. Montani was a broker at Bryn Mawr Investment Group in Rosemont, later known as Valley Forge Securities. Prosecutors said Montani helped the firm's chief executive officer, Tonino Labella, and other brokers defraud shareholders of Eagletech Communications Inc. and Select Media Communications Inc. Montani, who lives in Valley Forge, faces between 33 and 41 months in prison under advisory sentencing guidelines. Montani was the final defendant to plead guilty. Labella pleaded guilty Oct. 26.
- Bloomberg News

This read is long but shows you how it is done: https://courtsportal.dallascounty.org/DALLASPROD/DocumentViewer/Embedded/lqqdez1JJH6A0Lpa55kFL-ZylnPtFssEJP9CmdH7oPt8jpLkuwxqhZt_q7TaKmDbGndtTwA31J09FWOEg9VPyh2L3MtXhy0864IJ60C7dyY1?p=0

In my opinion ERHC is suffering similar situations and that’s why they state they could not file on time and suffers the same fate. I truly hope this gives you another aspect on reality of shorting and manipulation! Good luck!