ERHC Energy Inc (ERHE)

[condor1]

That statement pretty much sums it up

"The funds that are available NOW are convertible notes"

There are no other lenders NOW, that are willing to fund ERHE.

This includes, but is not limited to SEO,Atlantic Bank, more conventional lenders, less conventional lenders, institutional investors, potential partners.

So, accordingly, ERHE must pay "goniff" prices to get funds.

The next phase, in this funding plan is to get a farm in partner for Chad.

But , for someone like me, who operates a small successful business, why aren't they reducing spending wherever possible? Shave all costs.

This is no different than the $50 million farm in from the JDZ. They spend, and spend, and spend. And shed responsibility for over spending, when the piggy bank is limited.

Effective?