Wednesday, May 19, 2010 1:00:53 PM
Now what I am hearing as shareholders' concern is that if ERHE can make it to the AIM then American legal proctection is diluted and the profit opportunity could evaporate if intentional mismanagement or incompetence is ignored by BOD/majority stockholder(s). However, if ERHE is tied up in an American lawsuit because the sharholders want all available drilling and seismic information/data, including probability assignments, and have been deprived of same, then the AIM endeavors may be brought to a screeching halt as it would be unclear as to what a court may order SEO and/or ERHE to do going forward in order to provide that info/data and potentially enhance shareholder protection and/or provide much needed assist regarding making a decision as to voting for or against an AIM listing. Maybe someone is already sitting on "GO" in the event the AIM listing is pursued. If not then consultation with a stellar law firm should be in the cards and NOW.
What I still wrestle with is the fact that ERHE has retained one of the best law firms in the world. Before Hunton & Williams there was Akin Gump, another world class firm. Neither would advise ERHE to even come close to doing something remotely outside the law or break any regulatory rules. Going a step further, I think H&W is reviewing all of ERHE's strategies and going forward initiatives. I do not understand why H&W would give an approval nod for any ERHE decision if it be tainted. H&W does not need our meager dollars that badly.
So what is the proposed action plan to make ERHE so uncomfortable that the information begins to flow and shareholders feel more comfortable? (Not a question to you specifically but to the whole board.) The threat of federal agents coming through the doors again may make someone wake up.
Jim
ERHE = SEO + rights & potential hydrocarbons + partnerships
Jim Long
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
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM