ERHC Energy Inc (ERHE)

[Krombacher]

I had some investors write to me about how they're having nightmares over what has happened to the share price...

...I can only imagine the flood of emails that Dan Keeney has gotten over cost reductions, more communication, and "oh God please do something about this convertible debt situation!!"

And what these frightened shareholders don't understand is that they are DISTRACTING the company from the important business at hand, which is simply:

1) Encouraging CEPSA to make a drill decision, as that would be in the best interest of the company.
2) Announcing a firm drill date they can stick to.
3) releasing resource estimates so investors can make a valuation.

and possibly

4) securing a gosh darn partner in Chad...or the EEZ or somewhere that has some cash.

And maybe

5) turning to Offor for some cash...he has to realize now that funding this company a couple hundred grand is cheaper than what he has lost in market capitalization.

Finally, Ntephe and crew need to understand that it *IS* important to tend to the short term share price...because it is that share price that will allow the company to raise funds more cheaply and avoid shareholders with pitch forks.

But if we now fall sub penny...what will ensue is shareholder class action lawsuits and more distractions...let the company do its job, and get the 3 or 4 things I've mentioned above.

Krombacher