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midtieroil

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midtieroil

Re: oldoil post# 324473

Friday, 08/18/2017 4:18:20 PM

Friday, August 18, 2017 4:18:20 PM

Post# of 360711
You are right. That going concern statement is a bright red flag to every ERHC shareholder. The convertible debentures are in default, the IRS has put a lien on ERHCs assets and ERHC is delinquent to the tune of almost 10 million to CEPSA in Kenya.

It appears that ERHC has retained just enough cash for their bankruptcy filing.
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