ERHC Energy Inc (ERHE)

[Julius Erving]

Badog,

Still crickets from management. There is much they could report....but they won't. I assume it's not worth reporting.

Eh, the claim is that there is a lot that they could report... but the claim is also that it's not worth reporting. Come again? Besides the fact that this does makes sense, I want to focus on this observation:

Friend and Foe must admit that it is very hard to explain why ERHC management is (has) not 'advertising' their company in any way, shape or form to the general public, to generate a rewarding outcome for all the litigation efforts, in the form of a higher share price? It seems indeed that they just don't care... to get the general public to buy ERHC stock.

We know for a fact that they, for instance, won a courtcase, and that they did not share it via a PR. Why not? Would have been worth it, by any companies' standard!

If you read my post 340199, try to answer the question I asked.

It is common knowledge for quite some time now that the investment public is not a priority for ERHC management anymore, to get the value of the company to go up. Do they have another option to get a return on investment? It looks like they have, and they seem very confident about it? Otherwise at least a few PR's would have been no effort at all, when compared to the massive litigation efforts...

Because we know that there has been fierce litigation going on over just one EEZ block. Just one! Why?

I did my due dilegence....that's why I only kept a very small amount.

Proper DD you is trying to come up with an answer as to why they went through this expensive, lengthy litigation process in the first place, if the assumption is correct that it all could/will not generate much value in the end. Hence: "Look at the share price". Right?

99.99% already know the perils...check the sp.

Management doesn't even seem to care about it's largest shareholders.

The largest shareholders /stakeholders are the ones that funded the litigation. They care, take my word for it.

Years ago the story was that ERHC would go bankrupt fast, at least continue as a 'living dead entity'. It turned out to be far from the truth: there is/was a big fight over just ONE EEZ block...

If the only mantra is: "look at the share price", I would not consider that proper DD, at all.

Back in the day singer George Michael spent 4-6 million dollars to get out of a Sony contract he had. Litigation is expensive, very expensive. Litigation was not started (why did KOSMOS started it, in the first place? Why didn't they just buy ERHC stock? Would have been cheaper) just to get the money back that they invested in this litigation process. The expectation must be a multiple of what was invested, and then some probably.

I'm looking forward to a comprehensive in depth common sense answer to this truly intriging question: why did ERHC insiders (management and litigation funders) not just take a look at the share price in order to conclude that the litigation trajectory was lost money?

Some even claim: "ERHC management and litigation funders with their inside knowledge see ways to profit from its litigation investment that have nothing to do with erhe's share price."

LMAO. When I asked how that would be realized I did not get an answer.... of course.

Do you have the answer? Anybody?

The 'true DD' Doc.