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Re: globaloil post# 306658

Wednesday, 07/08/2015 12:17:28 PM

Wednesday, July 08, 2015 12:17:28 PM

Post# of 367195
Yes this is undoubtedly the scenario that is playing out. ERHC shareholders will be given two options 1) Accept the low ball NGAR offer for ERHC assets OR 2) get nothing as Ntephe dials up chapter 11.

"7. Arrange private placement funding (earnest money for acquisition of ERHC Energy)"

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