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Re: Lickety Split post# 106905

Wednesday, 08/29/2007 11:06:03 AM

Wednesday, August 29, 2007 11:06:03 AM

Post# of 361450
Observation regarding the PR Newswire release:

Cryptology is not my strong suit but I posit that the use of the word enhancement in the second sentence indicates that SEO plans to add value to ERHC through a consortium of companies forming a new publicly held entity whereby ERHC becomes an integral part at a valuation somewhere below, but not far, Oilphant's <$6/share post, and in the process no longer will be ERHE.OB.

As to the consortium members, I'll add that two years ago in a private meeting Addax said they'd love to buy ERHC (no attribution will be provided). Further, I'd not be surprised to see the lamb lie with the lion. If I'm anywhere near right, this new entity would be a dominant force in the JDZ and Gulf of Guinea, as well as providing and offering the legitimate currency for major public investors. It would mark the beginning for extraordinary pps appreciation, even following the 20+ times "enhancement" soon to be enjoyed by current ERHE holders.