Replies to post #315682 on ERHC Energy Inc (ERHE)

[midtieroil]

I am not certain that the CD conversion sales are double counted because the sale may be done directly by a MM with no broker involvement. If they are double counted, the amount of dilution in this period could indeed be smaller than what I suggested. If they didn't gag the transfer agent or actually disclosed the conversions we would know for sure.

[nwtf]

Peter is doing exactly what he is being directed to do. Thats why he still has a job. Cant believe people havent figured that out yet.

[emdyal]

My guess is that Offor is no more cognisant than Ntephe of what drives markets or the responsibility that management of a publically listed company has to shareholders !

Its all about filling their own pockets . Everything else is secondary !

... but Offor has shown he isn't aware or doesn't care about what happens with ERHC.

[condor1]

Tryoty: The flaw in that viewpoint is that Petey doesn't work for the shareholders. He works for the company. And to him, it is irrelevant if he makes exec decisions for the company that directly benefits him personally, as long as the company benefits by survival. Survival is the Key to his effectiveness. And he is a direct beneficiary of that by product.