The facts are that ERHC owes CEPSA $10 million dollars and that amount is clearly reflected as a liability in ERHC's latest SEC filings. Saying that money is not owed because we don't know what collection efforts are going on is both false and misleading. Nobody just gives up on collecting a debt like that. Nobody.
And I have been hearing for years that ERHC has some secret deal going on behind the scenes that they aren't telling us about. That has always been false and it still is.
I am fine in dealing with facts. The problem is I never hear any and there are never any links or sources ever provided about these mythical deals.
Those doing DD will find an expired MOU with Starcrest. A company with almost no cash or remaining authorized shares, who is $13 million in debt, who has an IRS lien on their assets. And who is trading at .0001. And if that isn't bad enough, ERHC hasn't filed any financial statements in 6 months and who deliberately refuses to communicate with its shareholders on any level.
Those are the facts we are dealing with. I would love to hear more facts but I am sure none will be forthcoming.
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