ERHC Energy Inc (ERHE)

[midtieroil]

The more I think about it the more I realize that what Chrome did was likely a way to protect their interest if ERHC should need to file for bankruptcy. Yes, I mentioned the B word. No, I am not trying to scare anyone. Yes, I think this is a very real possibility. Yes, everyone should realize this is a possibility. Going on the pink sheets is going to make it even harder to raise capital even from the hedge funds.

Common shareholders could be wiped out in a bankruptcy leaving the majority of the company to the debt holders. Chrome is now the largest debt-holder so they would get the biggest piece of the pie in any type of reorganization. Just something else to think about. The longer this drags out the more likely this becomes. We need some info or a deal and we need it soon. This silence and lack of information is becoming deafening. It is going on 3 months since Deloitte came on board. What have they found? What have they recommended? How much have we paid them?