Replies to post #309108 on ERHC Energy Inc (ERHE)

[midtieroil]

Does anyone actually believe they care what their shares are worth if they can deliver a winning hand to Chrome?

That is why this insider buying means absolutely NOTHING to me. That has been one of the biggest dangers of buying this stock all along. Nobody knows if ERHC management is working for us, for themselves, for Chrome or for some combination of the above. We certainly can't tell by many of their actions and inactions.

Ignoring that reality is a mistake. Even keeping our eyes wide open may not be enough to prevent the legal transfer of assets to others.

Remember Circle? Remember Feltang? Remember Godsinic or whatever their name was? Now we have two more highly questionable companies becoming involved.

[condor1]

Tryoty,one should be open-minded to the possibilities,while shaping the preceding events, non-events, and never omit the very basic service of self by everyone.

The fact that no R/S is in play is one component. Though a R/S can be initiated ona moment's notice , and requires 30-60 days at most.

The shocking news(to me) of Westwood and NGAR.. without them making mention of it in any form or venue to shareholders(FAQs), and what are the implications of that shocking fact...is another component.Further, the implications derived from SO and PN being investors and directors is highly concerning. They are thick as thieves, quote/unquote.

The fact that the (then?) BOD ,in the lifting of the blackout period, clearly stated that stock purchases by execs was being instituted to instill confidence into the market(shareholders,old and new). And they have been instilling confidence ever since then. In fact ,since then , the company has , through the use of CD lending structures and streams of selling shares , has ultimately sold 1.6 BILLION shares to the market(old and new shareholders) ... is yet another component

The fact that no farm ins, no large angel investor has been found, no apparent activity or results from Deloitte

The fact that PN has steadfastly refused to dump SO, though when scaling down to save administrative costs, could easily justify unloading SO , and his salary

The fact that PN and EO are photographed together at a rotary club function strongly suggests that PN and EO are in allignment, maybe respected boss,sub-boss, or co-planners with symbiotic interests. Yet another concerning indicator.

If I were EO, and PN was at the helm of a comp0any in which my investment value had lost 90% under PN's helm, I might want to have him shot, not attend a rotary function together.

And, so much more......