Tuesday, April 06, 2010 11:23:39 AM
Personally, I'm sick of all the excuses FROM SHAREHOLDERS. Why is management apparently hiding behind these shareholders? Why don't they man up, and re-open the communication flow. They may not like the criticism, whenever they communicate, but IT IS THEIR JOB TO COMMUNICATE, that's why they get paid the big bucks.
Definition of a CEO --> the go-between person between employees of the firm and the shareholders and other stakeholders, such as the govt., customers, suppliers, and partners. THE COMMUNICATOR. The one who sets the corporate culture as well as shareholder expectations.
Given that ERHC doesn't really have a customer. And it doesn't really have a supplier. And it is more or less done with communicating to the government...boy that should free up a lot of time to talk to shareholders, doesn't it?
I betcha that several investors are waiting for results to be released before the AGM. I seriously doubt that the results will be released by then. Hence, if you think .55 cents a share is low...expect these investors to sell.
The day of and the day after the AGM, my prediction is, there's gonna be one heck of a fury and fervor on this message board, when we're back to down to 30 cents. All in my opinion.
Krombacher
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