News Focus
News Focus
icon url

seek the light

07/25/11 11:07 AM

#244073 RE: kobiashi2000 #244054

kobiashi2000 and petermantx.

I agree with this post and your other post this day. ERHC is well lawyered and they have not broken any rules, regs, or laws. With the recent investigations it would extremely stupid on their part. They are not stupid.

Peter..... I am not part of any group. I did think a takeout would happen at the end of last year and have admitted my errow in print. That said; it was merely delayed, and the extra time spent will be well worth the wait. The company is adding assets that make the company of more value to buyer[s]. SEO knows what he is doing. Even the nay sayers are going to benefit by what, as they say in the South, is "fixin to happen." My Opiniion.
icon url

midtieroil

07/25/11 11:46 AM

#244074 RE: kobiashi2000 #244054

So our "very valuable blocks" in Chad are not material to ERHE? I find that hard to believe. The link below is a good summary of the requirements for disclosing a definitive material event. Decide for yourself if ERHE is compliant or not. I have already come to my conclusion. I suppose you could find some way of getting out of it but it seems to me it would be far easier to just publish the PSC as required. I am sick and tired of ERHE hiding these things from us whether it is "legal" or not. They still have not figured out that being open and forthcoming is far better for the share price and for attracting investors than trying to hide everything they do from us.

http://files.ali-aba.org/thumbs/datastorage/skoobesruoc/pdf/Cl020-ch02_thumb.pdf