ERHC Energy Inc (ERHE)

[manuel06]

NWTF
I see your point, but,do you think that defending the company for several years against the Alphabet soup gang comes without a cost, as well as expenses and salaries over those same years?I suspect they may have done better on the "Exile" investment (as well as the Stanford debacle that caught many experienced companies off guard!), with an accruing type of investment, but, overall with the conferences and promotions which have landed 2 cool looking prospective locations(and some lost bids), IE:Chad and Kenya, and, to land them before fundraising, also bares a cost against the account.It is too easy to be an armchair quarterback without your team on the ground and little information to base an unassuming opinion on monies spent.Take a poll here and see how many happy campers are aboard this Risky investment.In light of all that, I think that management, over the last 2 years or so, have done a very good job diversifying OUR position with little cash available and have strengthened the core of the company's quality personnel which also doesn't come cheap.The past was out of our control as far as activities in regards to oil exploration and NOW we have created possibilities to succeed and be in control(to more of a degree)of our future.

Also a not so ecstatic but participating shareholder seeing brighter times ahead.
Baz