ERHC Energy Inc (ERHE)

[Julius Erving]

I do not expect future purchases from these people.

The rest of the people should be nervous for their jobs.

But, nonetheless, Strat, they talk with management.

Normally I would think, with this kind of 'bargain' that they would jump in also, no matter how deep...

"The board and management of ERHC felt urgent action was needed to permit insiders the opportunity to show confidence in ERHC and its oil exploration assets," said ERHC President and CEO Dr. Peter Ntephe. "The Company's current valuation appears out of alignment with the fundamental value of its holdings."

Catch my drift? THE BOARD...