That sounds like an informed and satisfactory answer to me.
Certainly the ERHC Directors deserve the benefit of the doubt, and I haven't seen any potential conflict of interest identified. What is it exactly?
Just a vague suspicion of some sort which always seems to be the case when commenting about ERHC. Lots of suspicions and rumours that we shareholders are somehow being abused, but never any evidence or documentation.
There is no way that the CEO of a competing oil company can be on the BOD of ERHC and there not be a conflict of interest. Do you think you will see Exxon's CEO on the BOD of Chevron? It's ridiculous. As I have said, Blair is the ONLY one on that board with relevant experience and he has a conflict of interest. No wonder this company is going no where fast.