Pretty elementary. Anyone that controls the company controls what happens to ERHC AND the assets. If I believed the assets were worth billions I would buy every share of stock I could get my hands on at .0002 or at whatever price anyone asked. And then I would decide what to do with the company, the management and the assets.
But I believe the assets aren't worth squat because the liabilities exceed the value of the assets by a wide margin. I wouldn't touch this company with a ten foot pole and neither will anyone else.
So, again, all those that believe the assets are worth billions and are being stolen can easily get control of the assets for very little cash. But they have chosen not to do so. Could it get any more elementary than that?
Chad is gone. Forfeited. Who stole that? EEZ block 4 was sold to Kosmos for 4 million. Who stole that? Kenya is likely to be repossessed due to lack of payment. Who stole that? Block 11 was also being purchased by Kosmos and if not by them then by someone else. Who stole that? And nobody has had any interest in the JDZ for 6 years, who is stealing that?
Go buy controlling interest for 300 grand, then we can talk about who is stealing the assets. Right now they are being sold, forfeited and repossessed for lack of payment. That ain't theft. It's reality.
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