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Re: ponzi_implosion post# 267985

Wednesday, 12/12/2012 7:21:42 PM

Wednesday, December 12, 2012 7:21:42 PM

Post# of 362759
What is your solution to the problem that YOU have? Should they NOT raise capital, and forfeit these blocks? You act as if your preference is that they close the doors and turn out the lights. I don't like that plan.

Oh, wait, your preference is to sign a partner that will carry them, in an environment where no such partner exists. So I ask again, WHAT is your solution to the actual position this company is in? There is no "carrying partner magic wand" in the world. ERHC wants one, they have said repeatedly that is their preference, but not if they have to give away the ranch to get one.

So WHAT is your solution to the actual position this company is in? Your preference seems to be a wish, a wish that cannot be granted. There is only one viable solution... and that is to raise capital and do the studies that increase the value of the blocks... and YOUR shares, so that they can attract a carrying partner, which is what you want and will increase the value of YOUR shares.

Everything you want and demand would result in less shareholder value, not more.



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