ERHC Energy Inc (ERHE)

[Krombacher]

ERHC is not in violation of disclosure regarding issuance of convertible debt...

the 10Q's have this type of wording:

PLANS FOR FUNDING OF POTENTIAL ACQUISITIONS

ERHC's future plans will depend on the Company's ability to attract new funding. The Company is implementing a series of steps to fund the geophysical work, including magnetic/gravity and seismic surveys, prior to securing potential farm-out on Chad acreage. The fund raising might include:


·
Farm-outs of part of the Company's assets in Kenya, Chad and the Sao Tomé and Príncipe Exclusive Economic Zone

·
Issue shares of common stock through a registered direct offering

·
Convertible loans and other debt instruments

·
Other available financing options

That sounds like disclosure that they may issue convertible debt if they want to do so.

Krombacher