Friday, February 19, 2010 10:12:24 AM
enough is enough. These results are material to every sharehoder who is invested. That is why they have rules with the SEC, to protect the shareholders.'
material event definition - finance > News or details that may reasonably be expected to affect a companyÂ’s stock> price and thus decisions that investors make about buying or selling the> companyÂ’s stock. Material events may be the addition or loss of a large> customer, falling or rising sales, a merger agreement, financial results> above or below expectations, or a change in the companyÂ’s dividend policy.> Material events must be disclosed to the public and to the Securities and> Exchange Commission in an 8-K.>
I believe that SNP is negotiating with Offor in some kind of buyin/buyout scenario and they ran into a glitch when they had to pin down the 5&6 blocks. of course, they have to know that they have those blocks for sure before they put a value on them. they know what the EEZ picks are now, so move on ERHC. It makes no sense that you would not put out your results well by well unless you are involved in dealmaking together and you don't want any competition for those oil blocks. And this is why they have held those results. THe results are that good and they want all of it.
How about putting out OUR drill results for the owners of the company, you can bet your a** that Offor know what those results are. and yes, if all other oil companies can put out their results before, during and right after their wells, so can they.
WE, the shareholders should not have to call the company week after week to find out what they are doing. Allegedly they have things in the works, put it out, you have had plenty of time as a lot of think they have been working on this project since addax was bought out.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
FEATURED Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM
Peer To Peer Network aka Mobicard™ Launches AI Investor Chatbot Boosting Engagement & Lead Generation on Ihub • PTOP • Jul 15, 2024 8:30 AM
Greenlite Ventures Announces AI Integration into No Limit Platforms • GRNL • Jul 15, 2024 8:00 AM