balance_builder, another possible buy-in senario without dilution...
Perhaps SEO sells/swaps some of his ERHE stock to Addax or Sinopec for JVing ERHE in the NEEZ. He benefits by getting some cash/stock now, while they benefit by getting a slice of the pie. The value of his remaining stock (and that of others) is enhanced by the JV and part-ownership by known business entities.
Just theorizing. Don't know if this would really fly. - LT