ERHC Energy Inc (ERHE)

[ssc]

Not sure if this was a serious question or an attempt at humor, but seriously, how can Offor profit from erhc if he doesn't own half or even all the shares? This is a company where even a small group of investors who claim to own the majority of erhe shares don't have any idea of what has gone on inside their company for over 2 years. They can't even attend an annual meeting to ask questions. And erhc is facing possible revocation by the SEC.

Now imagine a private erhc run by Offor and friends where, just like now, no one knows how many shares anyone owns, no one knows what deals have been done or how much cash comes in or goes out. No one knows what salaries and bonuses are paid, what contracts are handed out, etc. Instead, just like now, no one outside of Offor's circle knows anything about financial transactions, deals, or anything else about the company. How can anyone seriously say they don't see how Offor can make money while their shares wallow near zero as they have for over 3 years?