ERHC Energy Inc (ERHE)

[emdyal]

What if ,the next time around, they sell, let us say 50 million shares at depressed sp levels, is there really nothing in the public company listing rules and guidelines that would see the SEC compel management to disclose what they have perpetrated on the the shareholders ??? Can we legally be kept in the dark and at the mercy of an unscrupulous management ! I've asked this question before but there must be a point beyond which mismanagement and incompetency becomes illegal ?