ERHC Energy Inc (ERHE)

[Julius Erving]

SSC, you are a smart operator.

erhc while pleading for leniency on the one hand, continues its practice of not filing required SEC reports. Why would they do that?

You ABSOLUTELY seem to have a point here.

But I will also make an absolute point here, with your above comment in mind:

ERHC made a financial and time-wise effort (see 400+ pages of litigation) to stay in 'the game'. Whatever the reason is that we, as outsiders, don't see any action on this front (yet?)… common sense tells (even dictates) us that there is a valid reason for it.

Gagging info about one particular deal does not mean quarterly and annual reports cannot be filed and it does not prevent erhc from reporting material events or require it to remove its telephone.

That is an assumption. Krombacher already mentioned a possible explanation for this. Even if his explanation turns out to be not correct, common sense still dictates that there is a valid reason.

The answer does not bode well for anyone owning shares who is not in Offor's circle of friends imo.

Anybody with (not borrowed) shares currently has a part of the company, and that will stay that way. If Offor and his 'circle of friends' wants to deal with an OIL MAJOR... they better not act as cowboys. They will otherwise shoot themselves in the foot.

So you are mixing a valid point with a series of very non-valid points.

Wow.

But unfortunately, either way: no long right now, is going to sell shares.

News first. The non-stakeholders have no serious options anymore to change their current situation. Rehashing whatever 'discussion' etc, it will have no effect on the volume traded. As it has been for a substantial amount of time now.

Sometimes stakeholders just need to accept reality and defeat.

The Doc.