ERHC Energy Inc (ERHE)

[Mongo1071]

Strategyone....

Kids make their points by name calling. Adults make their points with facts.

Addax's prospectus states that they 'may acquire up to 33.3% interest in and become the operator of the Block 4 property in return for a payment of up to $18 million and a full carry in respect to ERHE's retained interest'

Can you please point out where it is stated where Addax's percentage is derived from? Where does that 33.3% number come from? According to you, Addax (and formerly Noble) held a '0' dollar option on the 'awarded' 35%. The prospectus total is a maximum of 33.3%. What happened to the other 2.7%? Is some of the 'retained' 33.3% interest carved out of ERHE's '25%'? You don't know. Where did the 9% come from? You don't know. Don't pretend that you do, and then obscure that fact by name calling.

Heck, even the STP did not know about the 9%, and now you talk about it like it's old news.

Mongrel