Wednesday, July 30, 2008 6:20:59 PM
I think you're delusional.
Are you sure you want to pick a fight with the DoJ? If you cross them the wrong way they will rip you a new one before lunch.
You are accusing SEO and Addax colluding against ERHC. That's so far out there it doesn't even deserve a response.
The CEO's ERHC has had aren't the sharpest tools in the shed. Brandhuber had a hidden agenda the entire time he was there.
You want to kick the BOD to the curb.
You want to give SEO and the entire management team the boot.
I have to hand it to you, when you pitch a fit you don't really care how assinine you come across.
There's a famous line in the movie "Good Morning Viet Nam" that describes you perfectly.
ERHC can't control when Addax will secure a rig. They have no say where they will drill. They have no power to tell the DoJ to buzz off.
They are doing something about the only thing they do have some control over. They are trying to grow the company by acquiring outside assets. It's a tough environment out there because banks are only willing to lend money to the people who don't need it.
The acting CEO did something that is pretty rare these days. He released a PR responding to shareholder concerns. I think that is extremely kind of him. This board goes ballistic. Today's PR may be the last one of its kind for a while.
It's JMO but I think you guys embarrassed yourselves today.
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