no, it wasn't, it's my opinion they have not been honest with their shareholder's. turn away investors? seriously, this stock has traded 40k shares today, about 3650 bucks. i don't think anyone is interested. being in the oil business, you should know that the nail in the coffin is biogas put out by erhc and they have no cash.
what could you have done with 45 million? i bet you could have bought up leases and had about 15 horizontals by now producing oil and the jdz would be a minor glitch.
they have a lot of nerve even suggesting to be elected. this stock will not move until they put out something positive and with rodman sitting on the ask at .09, they will make sure of it.