ERHC Energy Inc (ERHE)

[Strategyone]

Scapegoat 101.

It amazes how so many vocal people here try so hard to lay blame for the current share price of ERHE on a single person.

Really people. Try thinking this one through just a wee bit. When the stock price went from the teens up to .85 a year or so ago, did you all scream praises for Ntephe? So why when it tanks, do you single out him? Don’t get me wrong, I agree that Ntephe has made some mistakes and he is not the best communicator to the typical US based, OTC:BB stock purchasing gambler because we (I include myself in this group sometimes too) all bought into the story of instant, guaranteed riches overnight. But really, it is not Ntephe’s fault ERHE’s share price hasn’t shot to the moon yet. And, to top it off, it still may.

If ERHE fired Ntephe tomorrow, hired away Total’s CEO the next day and the following day the new CEO made a statement that said “No oil was found in the 5 wells drilled in the JDZ but we are still reviewing the data for potentially drilling in the future but we are waiting for 6 months for Block 1 drilling results”, where do you seriously think the stock price would go? Yes, yes, yes… if the Total CEO switched ships to ERHE, we would get a bounce on the confidence statement that would bring to the market, BUT it would not change the timing of when the next set of news items will come. The stock price would still drift WHILE we wait for the next potential news.

My suggestion to the scapegoat artists on this board. Give it a rest for three to six months and see what happens. Take a break from the daily watching. We all know nothing is going to change the CEO short term so let it play out. You are giving yourself heartburn and/or sleepless nights. This negative outlook will only bring more negative circumstances to your lives.

Life is good, smile and be thankful you still have opportunities.