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Re: 10thMountain post# 322190

Wednesday, 04/12/2017 9:29:36 PM

Wednesday, April 12, 2017 9:29:36 PM

Post# of 362572
No catalyst for a run. It has now been a year since the last well was spud and there are no plans to drill any more wells anywhere. Last time it was 6 long years between wells.

ERHC is deeply in debt to the tune of 13 million dollars with under 250,000 in cash remaining. The equation is simple. No money+no drilling+no revenues+no financing+an IRS lien+toxic convertible debentures+crushing debt+inept management=no hope of a share price recovery.