ERHC Energy Inc (ERHE)

[midtieroil]

I do believe that is a possible scenario. Unfortunately Exile shareholders didn't make out well in a similar transaction. Not only did they not receive much of a premium they also lost a lot of the upside potential that is inherent in a smaller company like ERHC. Much like the convertible debentures, this would be an act of desperation on the part of ERHC and wouldn't really be a good deal for ERHC shareholders. If you don't believe me, ask the Exile shareholders.