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Re: Spec29 post# 104129

Saturday, 08/11/2007 11:15:00 PM

Saturday, August 11, 2007 11:15:00 PM

Post# of 361450
Spec29..... i think you are on the right track, Offor may be hit with a small fine but ERHE will not, Offor played fast and lose a couple of years ago with the payments to Chrome for management fees,travel money etc, etc. then taking shares for the $12 million debt at .17 cents a share....but he deserves the lions share because he put ALL the money.
The SEC ordinarly wouldn't spit on a company on the pinks or an OTC stock. in this case there is so much money involved that all the big boy's are interested. Soros especially, a pox on the S.O.B.

If we can survive till proven (and i can see no reason that we won't).... I would expect XOM or Sinopec to buy Addax and ERHE for cash.....at the going rate for proven reserves. they would consider it pocket change for a clean company with that much light sweet crude. i would prefer a share swap with XOM but here i go fantasizing smile)