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oil-cowboy

08/30/07 11:00 AM

#107110 RE: RUBY1100 #107078

Ruby, this part is huge...."Additionally, the board approved management’s recommendation to reformulate the Company’s business plan"....

All along mgt has been screaming they want to become an E/P company with really no action in doing so, outside of protecting our rights. All of a sudden this. Also Offor stepping down but retaining his interest. Somethings up for sure. Propably been in the works for a while IMO.

If their truly is that much oil here, to not cooperate with each other would result in supstantially more (operating costs)and would create rampant competition.

Can't we all just get along.


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Julius Erving

08/30/07 11:37 AM

#107113 RE: RUBY1100 #107078

Who's on the shareholders list?

Is anybody who posts here on the ERHE "shareholders list"?

Madigan told me:
"Because we have rules which govern US publicly held companies in terms of information disclosed to non-shareholders vs. shareholders."

I got the impression that he did not want to elaborate on what he meant and said during the CC.
Imo, a bit strange, his remark.
Either he did say to much at the CC, or he is wrong.