If ERHC management had any belief in this company whatsoever and believed that shareholders had a good chance to make money going forward they would have switched to taking the vast majority of their salary in shares at this price and preserved the little remaining cash.
Instead they sucked every dime of salary in cash and have accumulated no more shares. What does that tell you?
Funny how when they were buying stock that was a great. But now that they aren't touching the stock with a 10 foot pole, we hear nothing about it.
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