ERHC Energy Inc (ERHE)

[Southern Man]

Julius, I wasnt talking about individuals buying stock. I'm proposing they buy company stock on the open market. Not only would that scream good news, its a safer vehicle to raising (profits) money than issuing convertibles.

I mean if they are gambling on Africa Oil why not their own cash, is the cash they have on hand really needed in the next 90 days? They could do a token 30,000,000 shares for 450,000. Cant they sell Oando and buy back their own company stock anytime they want. There are no restriction on that. None, if they buy it on the open market. Imagine what that news would do to the Share price.