ERHC Energy Inc (ERHE)

[Krombacher]

Eh. Ok.

Let's take this one step at a time.

Erhc has nowhere near 100 million dollars.

Nor could it raise that much with convertible bonds or anything else UNLESS

it is in talks nearing completion with a BIG partner...

I could care less about how expensive the EEZ is to drill...I am sure it is a fortune...which means if there is a big partner interested in the EEZ then there must be the potential to justify the expenditure...but even that is not what is relevant.

What is relevant is that ERHC can secure BIG partners...

1) That kind of rep gets ERHC more blocks in the future
2) Could mean yet another suitor for a buyout

But most importantly, it means Erhc gets SOME money and carry...at the very least