ERHC Energy Inc (ERHE): If ERHC could get financing out of the w...

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Gremlin9999

Re: None

Thursday, 11/06/2014 7:57:02 AM

Thursday, November 06, 2014 7:57:02 AM

If ERHC could get financing out of the way without using convertible notes I believe the stock could rise a lot. Convertible notes are ok if they convert a a fixed price. For example .04 a share instead of a percentage of the current stock price. Another company I follow is getting rid of their convertible notes.

Accesswire
23 hours ago
????
Funds Received From New Non-Convertible Financing Used to Repay Debentures

LEAGUE CITY, TX / ACCESSWIRE / November 5, 2014 / ERF Wireless Inc. (ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced that as of November 3, 2014, it has received the initial funding under a new non-convertible funding program and has begun the repayment and termination of a number of its outstanding convertible debentures. As of the date of this press release it had completed the repayment and termination of the first two convertible debentures and is in negotiations with multiple others that are expected to be repaid pending final negotiated agreements.