ERHC Energy Inc (ERHE)

[Krombacher]

First off, it wasnt a failed offering. Offor didnt participate because he probably didnt want to be accused of insider trading when he learned of the great Kenya news. Since all that was left was small time investors raising 2 million is a success.

Second, there is NO WAY the market was predicting CESPA's departure from Swala's block since not even Swala's share price indicated it.

Third, Still not Sept yet.