ERHC Energy Inc (ERHE)

[Manti]

Not at all. The purpose of the 13G is to disclose how many shares are held by an entity and the effect that may have on company governance. It is NOT to disclose the OS.

How can it validate the number in the report when the number in the report is the original source of the information?

Once the OS is brought up to date, he'll no longer be subject to the 13g filing requirement since he will hold less than 5% (unless he keeps buying). He may have to make one last filing to state that he has less than 5%.

I suspect that had he not been a government employee and meticulous about following the letter of the law, he could have followed ihub and known that he didn't have 5% and avoided this whole mess....