Replies to post #13305 on Addax Petroleum (fka AXC)

[midtieroil]

Well it has now been 7 months since the MOU was signed and a month since it expired with no deal being reached.

ERHC has still not informed us about the contract signed to sell Block 4 in the EEZ to Kosmos. Nor have they informed us that the contract is the subject of an arbitration case. There should be no doubt in anyone's mind that these are material events that require disclosure.

Looks like the next chance we have of hearing from ERHC will be when the 10K is due on December 29th. It will be interesting to see if it is filed, it is extended or if they do nothing. Could this be the end of ERHC?