ERHC Energy Inc (ERHE)

[mz157]

sneak - completely agree except thats the issue. most here want them to be nothing but caretakers as i'd imagine 99.99999% here are in it for the JDZ and EEZ. the issue arises and the reason many of us are pissed is that management is not being the caretaker we want. instead they are somehow spending 5mm a year on 3 employees and then diluting us at all time lows.

just think, they could have instilled some cost-cutting measures and worked to save a million a year for 2 years instead of selling 10s of millions of shares for that same 2 million. we all know that 2mm in the oil industry gets you nowhere in terms of acquisitions etc. its simply unacceptable