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Ellington

10/01/06 6:43 AM

#76118 RE: balance_builder #76117

BB, am fond of reading your stuff (perhaps I've posted as much before); and on busy days, yours are the only ones I read. FWIW, I've always thought that a less concentrated holding of stock would improve the stock price.

But I like the story of a group trying to grab the reins, partly by bringing in government investigators, partly by setting up a conversations on public information boards.

One hopes that we don't have a moment when you say, "I guess my faith in SEO was misplaced!"

Be well.

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walldog0

10/01/06 6:49 AM

#76119 RE: balance_builder #76117

BB...I think SEO should clean house of all....

these back stabber associated with ERHE, maybe he did just that with WB and Memmon.

Seems like anybody who joins the company,...has as his main agenda to throw SEO out of the company. (oh, sure he will be well compensated ,#^%$#@)

No wonder SEO, keeps a tight reign, and trusts one one.

SEO if your out there listening, you got another Rat in the kitchen named Electic, he was in the office during the FBI raid....Throw him out!
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Art2004

10/01/06 7:36 AM

#76121 RE: balance_builder #76117

Balance, you have a relatively well documented set of posts to shows that their could be an organized move to launch a hostile takeover of ERHC.

It could be that Brandhuber has some US Government connections and the US is not happy with Offor's choice of partners or NIgerias recent choices for NEEZ awards.

Though Offor would have been happy to work with US corporaions if they offered the deals of Sinopec and Addax.

I always thought tht Franklin was rushed over to ERHC offices without a complete bacground check to keep an eye on Brandhuber and that is one of the reaons why his appointment so infuriated Walter.

I have also thought it odd that a person like Brandhuber with an international reputation as an attorney continued to send private Emails to people about present-future plans for ERHC and never took the few minutes required to compose the eagerly awaited leter to shareholders.

After he decided to resign he was happy to show the ideal letter to shareholders he composed and his definitive plans for a road show to friendly shareholders in Houston such as Fishdog and Electick only to have all cancelled by the FBI raid and investigations.

I keep wondering, why wasn't the letter to shareholders posted before the FBI raid?

Shareholders phoned the Houston office and wrote Emails to Walter on many, many occaisons for months but the letter to shareholders was never posted on the ERHC website.

I received two personal Emails from Walter and J.Dubs received one telling of a CNBC interview aznd the road show.

Why was the letter to shareholders never posted during the months between the JOA agreements and the FBI raid?

Was Walter under orders from an even higher agency/authority not to post the letter to shareholders and I do not refer to Offor?

Of course our current CEO who is in the Hosuton offfice is a long tern Offor-Chrome employee.

You have posted a red flag Balance. What do you suggest shareholders do now?
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rheddle

10/01/06 8:25 AM

#76126 RE: balance_builder #76117

Balance - very insightful post ! An almost undeniable trail and I think you may have sniffed Eclectick out !

Eclectick cover blown.

Great stuff, R.
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Electick

10/01/06 8:34 AM

#76128 RE: balance_builder #76117

Balance YOU have the agenda, It seems to be to deny other peoples thoughts and postings of their intent and legitimacy. You also must have a tremendous amount of extra time on your hands. First let me say that you should look up the definition of the word "association" as it does not imply a business relationship whatsoever. Next I catagorically reject your assertions as contrived fantasy. I do not believe SEO is good for my rather substantial investment, period end of the story. I have friends that are in a similar position, period end of story. You should stop trying so hard to squelch sources of inrormation that dont allign with your uninformed way of seeing things. Get a LIfe
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wzebra33

10/01/06 8:45 AM

#76132 RE: balance_builder #76117

One of the best reads on the message board,well put. The sharks are in the water and they want a big piece EO. EO must be wondering about the plane crash that took out his military general friends,and so this drama continues to unfold,A large school of sharks after ERHE (IMO)
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claudealain

10/01/06 9:13 AM

#76139 RE: balance_builder #76117

balance_builder... I'm with you and walldog regarding EO! Beware of posters discrediting EO. With EO we know what we have. Without him, we don't know! Perhaps nothing left! All IMHO. GLTA
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condor1

10/01/06 10:43 AM

#76154 RE: balance_builder #76117

BB,excellent post.You have been digesting all the commentary and have observed an agenda.

It would seem there are many here that are part of factions who are attempting to manipulate shareholder sentiment and shareholder ownership,and a deeply rooted effort to manipulate share value and perception of EO,Perhaps they are also posting on Raging Bull,

Tonga posted an article on RB today that indicated that Andrew Young of the US Senate and Howard Jeter are also under the USA investigatory magnifying glass as a result of their assistance in African/Nigerian assistance in commercial development.

It would seem that any association with anything commercial oriented in Nigeria is coming under scrutiny of the investiatory eye of the USA.

And thus,we repeatedly see the cliche of..."this is a Nigerian scam(yet another).

THus,the generalized perception is that anything from Nigeria is to be considered a Nigerian scam,including EO and any oil commercialism.

Interestingly,the politicians who support these investigations are no less "guilty" of accepting "campaign contributions" and the like to assist in furthering the campaign contributor's agenda.Every politiician gets benefits from accepting contributions(bribes),yet there is a clear focus on Nigeria and black policitians.

So ,it would seem as if there is extra attention placed on Africa and being black doing political business in black countries.But it is true,imo,that Nigeria has an abundnace of scams coming to America.

So,once again,it would appear,there is a racial component to all of this investigatory activity.

Finally,I would then stretch this concept to include that a primary factor as to why EO is getting all this negative treatment from the USA and the major oil companies is due,at least in part,to him being a black man,wielding all this power and influence,within and without the borders of Nigeria.

THis is ,in part,why many majors don't want to do business with EO,and the shareprice being so low.

And conversely,this is why the partners of ERHE /EO are Swiss and Chinese,without the extent of prejudice for black that the USA has within it's ranks of politicians and oil companies

What surprises me most s why EO simply doesn't buy into owning a 50.1 percent ownership of ERHE.It would close the door on any shareholder coups of any sort.Instead,EO leaves the door open for such attempts.
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nwtf

10/01/06 11:20 AM

#76160 RE: balance_builder #76117

BB
Sorry buddy but it seems you have oversold yours. Everytime ERHE comes up with a crap sandwich you try and find a way to make it taste good. Just an observation over a couple of years. PL
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Hdotmycom

10/01/06 2:51 PM

#76198 RE: balance_builder #76117

Balance - your posts are increasingly fantasy based or so it seems.

Facts are facts.

U assert among other things that having an opinion on a deal indicates involvement IN MAKING the deal - wow.

That is clearly done in the post I'm responding to.

RED behavior for sure!
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Art2004

10/01/06 2:55 PM

#76199 RE: balance_builder #76117

B alance I can see the "association" as probable or possible but not definite.

There are other factors that could be fooling round wih our SP such as the oil companies and possible influence on the US government.

We don't know.

A lot of people posted that owning ERHC is a lot like the movie Syriana.

I guess it comes with the territory, that is until we have proven reserves.

Then ERHC can be in the catbird seat again.

Personally, I do appreciate all your posts.

This is a real possibility that ought to at least be discussed.


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Fishdog

10/01/06 8:14 PM

#76262 RE: balance_builder #76117

Balance, with all respect, WB did not sic the DOJ & SEC on ERHE. That contention is absolutely ludicrous and has no basis in fact. It should NEVER be seriously proposed as a possibility again - and any conclusions based upon the belief of same are completely off base.

You're also attempting to portray Electick into a sandbagger - either working with, or a pawn of, a group trying to obtain control of ERHE. Do you in that same vein believe that Walldog is associated with SEO? Get real, man. What have you been smoking? You're confronting a guy with good contacts who shares occasional information with you ..... and in his obtaining said information, which may or may not be completely accurate, rightfully forms his own opinion of what's going on.

For you to read that Electick is "deeply involved with an "association" that is trying to gain controlling interest of this stock" is just as ludicrous as to suggest that WB turned the DOJ onto ERHE.

Too many shareholders are too eager to "bite that hand that feeds them". In this case the meal is information. I'm convinced, Balance, that you are reading much tooooo deeply between the lines - and probably owe Electick an apology.
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balance_builder

12/02/06 10:31 AM

#82847 RE: balance_builder #76117

Sound familiar? Would he be posting this if this wasn't in the works?

Msg: 3867 of 3945 11/30/2006 6:28:13 PM Recs: 0 Sentiment: Not Disclosed
By: Electick Send PM Profile Ignore Recommend Add To Favorites
Posted as a reply to msg 3866 by rocky822

Re: Positive indications to consider from the news article
You know as much as I would like to comment further on this, but I must choose not to. I am simply stating that you might consider the situation of the company in comparison to those described in the article and draw your own conclusions.
Cheers

http://www.investorvillage.com/smbd.asp?mb=347&mn=3867&pt=msg&mid=927245


For the record, Electick has claimed being close to the action and I have zero doubt that he is close. My hope continues to be that it ends up involving real oil co's and not just a handfull of greedy business men. Again, I also believe our sp has been stiffled/thumbed/heeled so this could take place.
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balance_builder

01/18/07 8:06 PM

#88946 RE: balance_builder #76117

Electick posted last evening and the post was deleted. I have secured deleting moderators ok to restore his post because I find value in it and I want all to be able to read. (His post has been cut and pasted at the bottom as well as the original restored).

It has become excessively clear that my postings have struck a nerve with Electick. We (Electick and I) aren't all that far apart outside of my believing WB has a severe lack of integrity to have worked for a public company as CEO, quit, and now continues at making deals for the company, likley for the lining of his own pockets. Of course, this was the same CEO whispering information in Electick's ear while serving as CEO......as Electick himself pointed out in several of his own posts.

Will WB create a deal that will benefit all of us? Probably, and it seems to be getting closer. I say...lets push forward.

I will say thank you to Electick for sharing what he could. I believe it to be solid.


Posted by: Electick
In reply to: oil-cowboy who wrote msg# 88842 Date:1/17/2007 11:54:43 PM
Post #88859 of 88943


Oil-Cowboy--- Because real deal promoters know how to control the leaks. Beacuse artificial price fluctuations, up or down, are bad for the valuation/transaction models, and artificially alter the motivations of both buyers as well as sellers. Neither likes to have their pants taken down by market shareholders reacting to inappropriately gained information. As one on this board that has never posted unsubstantiated information as (I hope) most here will attest to, I assure you there are some very significant (and shareholder favorable) developments in the works. However, these things take time to work out, as there are many moving pieces to be assessed and put into place. All is well and the outcome will be worth the patience.

Cheers all. (Except BB, LOL)


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balance_builder

06/29/07 4:35 AM

#100711 RE: balance_builder #76117

My view remains substantially intact with this 9 month old post.

One team is working very hard to get SEO to give up control. Thus far he's refused to do so. Same group continues to work to leverage the situation in attempt to get SEO to fold.

Tug of war that has been long ongoing. So far neither side has pulled the other across the line in the sand.

I don't think those tugging against SEO have the clout necessary (or the funding) to successfully tug or sway SEO over the line.

Should they "up" the ante....and SEO likes it and decides to go with it....it could turn out to be advantageous to us giving us a satisfactory starting price and a professional management team that would likely churn the waters with positive ERHC news to keep the new sp propped up. However, I continue to prefer mid/big oil to sweep us off our feet......and have a preference of our main partner, Addax Petroleum. Why? Addax is going to continue to grow quickly IMHO.

Guys/Gals....it is OBVIOUS that SEO isn't overly concerned of the sp. He KNOWS what he holds......and he knows the sp will eventually match the market value of "price per barrel".

Just my thoughts on a cold (43) MI morning.