ERHC Energy Inc (ERHE)

[tryoty]

Strategyone, I asked specifically for your thoughts on Offor and his piece of the ERHE pie shrinking. Do you think another entity is taking a large position, perhaps larger than Offors? Do you think Offor is going to regain his piece of the pie? A reverse split and more dilution are dependent on the answer.

Personally, a reverse split and then a limited private placement to Offor to give him his majority and ERHC the funds to get through drilling is high on my list. Just WAGing numbers; a 1 for 500 at 0.0005 would drop the outstanding to 6,000,000 and raise the price to $0.25. If **immediately** followed by a placement to Offor of 16M shares for $4M dollars would give ERHC all the funds it needs and ELIMINATE the fear of more toxic debt and it would leave Offor with 16.6M shares of the company with 22M shares out (or 75%+) of ERHE. Post split those shares would not drop with the funding in place, they would try to rise, only to be held flat by selling pressure from those that bought the bottom.

There are many hundreds of variants to the above, but you get the idea. I was asking for your ponderings on how Offor could get back his chunk, or why you may think he won't.