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Re: None

Wednesday, 11/18/2015 11:56:21 AM

Wednesday, November 18, 2015 11:56:21 AM

Post# of 18778
If KOSMOS paid ERHC at least $2.5 million for EEZ block 11, ERHC has cash in excess of current $3 million market cap. I would call that a low risk- high reward proposition or in other words greatly undervalued. And I believe this is the very reason the CEO and CFO have spent significant amounts of their own money to buy shares over the last several months.

This is the reason we followed their lead and will vote for the reverse. IMO, there is a end game plan and it is in motion.

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