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Wednesday, June 06, 2012 5:26:04 PM
Q. Why doesn’t the Company do something about the misinformation and possible libel posted that deters new investors, instills doubt on investors adding stock at this low price?
There is a lot of inaccurate information online about ERHC and it can be frustrating. We have expressed our concerns to the owners and management of various online forums. Unfortunately, companies and their executives do not have the same protections from libel that others have. Ultimately, it could be a distraction; ERHC’s resources are already stretched we’ve had to make a choice between concentrating on the challenges of creating shareholder value or being distracted by the slander and libel, often in the most extreme, by persons whose motives must be called into question so we have not spent a great deal of time on it. What we have done is implored the shareholder community to rely on information from ERHC to be accurate. Information about ERHC from other sources often is not accurate
There are also a few transcripts from CC's in which online/message boards are mentioned... not too mention emails from DK that have been posted here (and that i have received myself when asking him questions)
And I am aware there is little institutional investment in penny stocks to begin with and the ones that do do not use message boards for info... which is why i find all this bluster over it to be unnecessary and a waste of time.
if you say something is going to happen "soon" for years, the law of averages say you will eventually be right. broken clocks...
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