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midtieroil

01/30/12 4:51 PM

#252639 RE: tryoty #252634

The purpose of buying Exile stock was not as an investment to hold onto it and make money. The purpose was to do what Oando did. As soon as it starts trading they need to sell these shares. For a long time ERHE wouldn't even put their money in an interest bearing account and much of it still isn't. Their only investment now is T-bills. The last thing they need right now is to be invested in another oil company who is a competitor of ours. We already have enough conflicts of interest with Blair on the BOD.