ERHC Energy Inc (ERHE)

[manuel06]

There were expenses in running the company......DOJ ongoing investigation till conclusion must have been a substantial drawdown on finances. Stanford 5 mill sting was in retrospect a bad move. The investment in Exile went south but still has a tad of value.The search for valued prospective properties was not cheap but our company saw its future to be onland and so added Blocks of acreage in Chad and Kenya. ERHC had a few world court appearances over JDZ blocks 5&6. So that 46 Million that they negotiated was not going to last them till now. People can debate both sides and be satisfied with their positions.
Cheers