ERHC Energy Inc (ERHE)

[Krombacher]

On the other hand...maybe I don't want to be too hasty because if they have to raise millions of dollars and issue a 100 million convertible notes in a 1:1 conversion ratio...and I have no idea since I don't know the terms...and if arbitrageurs send this stock into the 2's or 3's, then yeah, that's an offer I can't refuse, and I would buy....

...but that is NOT the reason of my post. Perhaps I was egged on by someone on the internet on some board about Addax to explain the situation as I see it currently.

Krombacher