ERHC Energy Inc (ERHE)

[midtieroil]

Personally I believe ERHC consistently uses NDAs to not disclose what they really don't want to disclose anyway. Legally they can point to the NDAs all day long and say that is the reason and so can some shareholders. I don't think it has anything to do with getting sued or anything to do with losing carries or anything to do with angering the JDA, SNP or anything to do with not making Kenya, Chad, STP or Nigeria angry. It has to do with who ERHC is. They are a company controlled by a single individual who wants to keep as much secret as they legally can. A lot of small exploration companies understand that openness brings investment which is usually essential to the success of a small exploration company. ERHC has NEVER understood or practiced that. They have made this far more difficult than it should have been and they continue to do so. Maybe it will work. Maybe it won't. I guess we'll see. I don't agree with that strategy. I never have. And I never will.