ERHC Energy Inc (ERHE)

[jhermit]

I have no idea if they are incredibly smart, incompetent, void of any communications knowledge, or whatever.

Having said that, a public release is not shareholder value. That is just our desire for them to say something that would cause the stock price to go to some level we hold dear to us.

Shareholder value is valuable assets, cash, stability, and superb execution of a good strategy. Yes, they should communicate and make material events public. From my perspective, these guys are not children or morons that will knowingly put their company at risk by not disclosing information. I am sure a bunch of lawyers have discussed this at length and either employees or consultants are very much aware of what they can or cannot do as it relates to disclosing information. If anybody knows for a fact that they have not disclosed a material event, report them.

I am as pissed as anybody else that the price is at .06. We can all speculate why they have or not have said something, but that is just intellectual masturbation which is probably the main purpose of these boards anyways, so we all go at it.

The price is what it is. Press releases can make the price spike, but assets will let the price remain. If they find oil, the price will be much higher than .06 long before the press release hits the wire. We will find out last on this board.

Thats my opinion. You will feel good about yourself for "telling it like it is" and warning potential investors, and another group will feel good about themselves for explaining their reasons for optimism. I know, I am part of this cycle, but we are all obsessed with this stock or we would not be spending our days reading somebody else's opinion in hopes that "tomorrow" will be they day. I was hoping this stock would help me pay for college... Good thing I had a plan B (sort of).

The end.