ERHC Energy Inc (ERHE)

[jbofthecloth]

Your point is well taken. However, cash is king in the current markets and the more you have the better off you are. Many companies would love to be in their position - long cash with no obligations to use it. Like I said, I would have no problem in them using cash flow to buy shares, but in the absence of that you keep your cash. They don't need to buy shares to pay Feltang. The excuse is keeping liquid and prudently managing the assets they have. Would you have them spend it all, save for a few dollars to keep the doors open?