We have seen it all...a stock under pressure, the true believers who have continued to hold onto this stock while some who have finally come to the realisation that this stock is a DOG. SURPRISE SURPRISE
The ERG team have continued to deliver what was a reality in a word "LOSSES"...the realisation that the PROTON deal was a facade, designed to take money out of the hands of innocent shareholders who quite frankly did not see the reality of the situation and bought into the DREAM. The so called GURU's are quite frankly misguided and ameatures in the Debate.
Perhaps this DREAM is now a NIGHTMARE...
More losses, while the BOARD continues to hide and blame someone else for there shortcoming. A board should see beyond the horizon and understand the fact that an iceburgs is cold and hard.
Some may suggest that the continued criticism of TheInformer is unfounded however upon reflection I have been proven to be correct on this stock time and time again. Just Look at the SHAREPRICE. No offence but I have prven beyond reasonable doubt that:
ERG = DANGER....do not believe anything to the contrary.
In this case the true believers have held on and in some cases have bought and sold in this turbulent market while they have continued to support and vindicate the BOARD of ERG.
In this regard..I find this humerous and clearly an unforgiveable misinterpretaion of the reality. .
If the true believers want to come onto this site and debate the matter and defend the actions of the board...please step up...however remember that THEINFORMER was way ahead of the market on this matter along time ago.
Proton was expensive and an illusion that ERG used to grab $100 million from the market. SURPRISE SURPRISE they have now sold it for a loss only to grab a few more moments of time to survive.
If you unluky ERG shareholders can not see the reality then it is too late. This Board needs to be sent to the LIONS.
The real shareholders of ERG... "By Default" will take control. The LACK LUSTER shareholders who watched the existing BOARD destroy shareholder value can only blame themselves. This Board needs a bullet...
DO NOT SHOOT THE MESSANGER....YOU WERE WARNED!!!!!!!
ERG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
