How many times has it been assumed that something good was going on behind the scenes when there wasn't. And how many times was it believed that the CD fiasco had to be over when it wasn't. Not buying it. Fool me once shame on you, fool me twice......
Offor's stake in ERHC was worth over $300 million at one time. He threw almost all of that away, now worth about $100,000 based on Friday's close. So who's to say he even cares about what's left of this company with a $1 million market cap and his 10% share of it?
Any speculation on how much additional new toxic debt has been issued between 3/31 and the time the next 10-Q comes out? ERHC probably had to pay CEPSA for its share of the 1st well by now, no?