ERHC Energy Inc (ERHE)

[TOB]

Yes, ERHC is talking about the misinformation and possible libel. They didn't mention a message board as a reason for a low shareprice.

It was the person asking the question who suggested it "instills doubt on investors adding stock at this low price?" not ERHC

You said:

I disagree - if they didn't feel threatened they wouldn't (amateur hour) mention a message board as a reason for a low shareprice.

ERHC's answer was:

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

It is very reasonable for ERHC to react to "inaccurate information online" by asking the "shareholder community to rely on information from ERHC to be accurate."

So I don't see evidence that ERHC blames the low share price on the misinformation. Just that they advise investors to follow factual information provided directly by ERHC.

I wish they would focus 100% on execution and stop worrying about a message board...

Ultimately, it could be a distraction; -ERHC

Seems ERHC is doing exactly as you advise, "concentrating on the challenges of creating shareholder value". Their answering a simple question or their PR representative answering an email is responding to shareholders' concerns, not worrying or being distracted.