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Re: tryoty post# 240902

Wednesday, 06/08/2011 6:40:49 PM

Wednesday, June 08, 2011 6:40:49 PM

Post# of 362902
If Offer is keeping Ntephe on toward participating in the final sale of ERHC (seemingly at a healthy price/SP), Ntephe certainly falls short in helping to fulfill these aspirations. Why then does he continue on? If this represents a SEO play to insure loyalty/his own power, it seems illogical that SEO would do this at the expense of SP. On the surface all seems painfully clear. I would like to think there is something (perhaps many things) going on beneath the surface which eludes the minority shareholders. No doubt my logic is tainted by wishful thinking. It is obvious that SEO *has* money. But if like most Nigerians, he functions on the "never is enough" mentality. It is a difficult pill for me to swallow were I to think that SEO and ERHE's BOD (with all their combined talent) would allow PN to destroy what could end up being a fine asset play were abundant hydrocarbons to be discovered.

As far as DK is concerned, I think he went well beyond the job he was hired to do. Most PR chappies here do not involve themselves in discussions/emails and the like with shareholders. As ERHC's career continues to apparently deteriorate and as we have become increasingly vociferous in our complaints to Keeney, I think he has assumed somewhat of a "bunker" mentality in trying to defend his paycheck. Frustration meets frustration resulting in frustration squared all round.

In the meantime I sit and wait with little else to occupy my free time other than looking at some rather bazaar videos of your Weiner fellow. What a twit. My sympathies to his constituents.

Nighty night T-rex.
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