ERHC Energy Inc (ERHE)

[tryoty]

My fear is a Chrome buyout of ERHC for pennies. It would NEVER work but the lawsuits would take a decade to sort out.

A "real" CEO would explain why he is destroying the share price and why he sucked $250K a year for the last 4 years and delivered NOTHING.

For the lips-to-buttocks crowd....

- ERHC negotiated their rights before Ntephe was hired.

- Brandhuber inked the PSC's

- Akin Gump defended the rights

Ntephe has done ONE thing since being CEO... collect a lucrative paycheck for doing nothing. He's had years to dispell that thought by telling us WHAT he is doing and HOW it will benefit the company, but he can't seem to crawl out from under his desk.

The man should've been fired for his failure as interim CEO. Instead he was promoted and immediately screwed his shareholders by undercutting the share price in a private placement that raised $1.8M and destroyed over $100M in market cap.

Peter Ntephe is a failure. I want a real CEO to fix this mess.