ERHC Energy Inc (ERHE)

[Krombacher]

Yes,

it is true that you could've have bought cheaper in May...

...was that the ground floor of this momentum?

No, I don't think so. That was sub-ground floor. That was basement level.

The ground floor is now. At 8 cents and change, the market is saying we are worth more than the offering...because there was $2 million worth of shares sold at the offering, and those people, if they wanted out, would get out now with a profit, yet they stay put...

...the buyers of the offering were, in many ways, "the smart money", because they knew most about ERHE to go and get shares at the offering.

You might say they weren't that smart because the share price subsequently fell to 4 and they could've bought then...but who can predict that accurately the price swings of ERHE?

They were smart because they knew what ERHE was really about...and, these smart people ARE NOT SELLING at these levels.

So if people are trying to get in on the ground floor, the time is now, imo.

Krombacher