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midtieroil

08/19/12 1:08 PM

#263929 RE: Pepsiman2001 #263920

What is unreal is the continuing belief that ERHC has the ability to operate anything on their own. Have they done so far? Why in the world is this stock is trading where it is? It is because very few believe this company can do much of anything on their own. The market doesn't believe it, I don't believe it either and the share price clearly shows it. I am really glad you have confidence in this company to be a real oil company. I don't and I likely never will. The market doesn't and they never will either. ERHC needs a JV partner or they need new management. It is as simple as that. Until one of those two things happens ERHC will continue to struggle to stay above a dime. Please observe the share price closely to do determine what the majority of people think. Most apparently agree with me at this time.

The only reason I still own this stock is for the assets and the hope that someone will team up with ERHC to get this done. They simnply DO NOT have the know-how to do it on their own.