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Friday, November 21, 2014 3:25:36 PM
THE DOC.
Hi Doc,
I can’t speculate on various scenarios, but I can tell you what I know, which is this line of thinking is great sport for those who spend their days trying to get a reaction from others on message boards, but it is not reflective of ERHC’s current situation. The latest 10-Q states: “Management believes that this cash position should be sufficient to support the Company's working capital requirements for more than 12 months.” (http://www.sec.gov/Archives/edgar/data/799235/000114036114032560/form10q.htm)
There has been no going concern clause connected to ERHC for more than nine years. In the event that management and/or its auditors believed that the cash position could be insufficient to support the Company’s working capital requirements for the next 12 months, shareholders can expect that a going concern clause would be included in its quarterly and/or annual filing.
Sincerely,
Daniel Keeney, APR
DPK Public Relations
DFW: 214.432.7556
Houston: 832.467.2904
E-mail: dan@dpkpr.com
Web: http://www.dpkpr.com
Twitter: http://twitter.com/dpkpr
Blog: http://www.danielkeeney.com
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