ERHC Energy Inc (ERHE)

[condor1]

If one is to learn from history,it helps to know the spectrum of historical
events.

The concept of diversificaton did not occur to existing executives when they had $45 Million in hand. Instead, they didn't diversify , and exhausted the money on paychecks, failed attempt of AIM, Stanford, conferences..and ??? Why didn't they diversify when they had cash in hand?
Why weren't they influenced by the cost of water drilling being 3-5x more expensive than land?

What were they thinking, with $45 million in hand?

If Kenya becomes a bust, there is no further and future events, only a fire sale...to NGAR...to ?????And what of ERHE shareholders? A snake wriggles out of it's old skin, and leaves it behind.

So,yes, there is hope, even a possible rainbow at the next spring, but there is a stronger liklihood of frostbite or predator /prey events.