Replies to post #242505 on ERHC Energy Inc (ERHE)

[midtieroil]

It's all BS. I would prefer to have them tell the truth. The delay of getting on the AIM is certainly not due to our rich history. It may be due to our sorted past, it may be due to something else. Whatever it is just say it.

Same with the EEZ. Still no PSC. Why? Ntephe blames it on STP. Makes no sense. STP wants to speed things up not slow things down. If STP wants to finish negotiations with EEL first, fine. If they want to get through elections first fine. Whatever it is just say it.

Same with the JDZ. When they won't tell us anything where they have no restrictions on what they can say what makes you think they are telling us the truth about not being able to release drilling results. They want to blame it on the operator. Maybe that's true. Maybe they just don't want to tell us bad news. But whatever it is, just say it.

Same with Chad. We just signed the PSC. The PSC is a legal document which should be PN's forte. Was he even there? What are the details of the PSC? The amount of acreage? the cost? the monetary requirements? the time frame? the geology, the sharing percentages, a map of the block locations. All of that was likely spelled out or known. Did we get any real inormation on any of it? Whatever it is, just say it.

Where is the money going come from to fund the company. Oh don't worry about that. We have been broke before and survived and we can do it again. Jeeesh.

I get this picture in my head of PN going to a big oil and gas investor conference, giving a decent presntation to some fund managers or potential investors and them then going into the breakout sessions where these guys ask more questions. Probably the same questions we asked. And you know what, I see Ntephe giving the same stupid, meaningless answers he gives us. No wonder we have no institutional investors.

For the first time I am seriously considering selling my position. I still like the assets but I am not sure if I can take this any longer. The management of this company is disfunctional and that is not my opionion. It is a fact.