Replies to post #12296 on Addax Petroleum (fka AXC)

[midtieroil]

My questions were. Do you still believe that the convertible debentures that resulted in billions of shares of stock being issued and resulted in massive dilution to shareholders were not toxic?

And, do you still believe that buying ERHC delusion insurance that that caused millions in losses to unsuspecting shareholders was a great idea?

And do you still believe that oil prices never had any affect on ERHC and never will have any affect?

And do you still believe that ruses like Kaboom, $50 million signature bonuses, big black blobs, rivers of oil and the like were ever real or even possible?

These are the issues about ERHC that I see as being important. So let's discuss those instead of trivial accounting issues.

Or we could discuss the 13 million that ERHC owes and can't pay. Or the fact that ERHC may lose the Kenya block. Or the fact that ERHC is out of cash and out of shares to issue.

Take your choice. We can discuss any of those you care to. Take your pick.