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Re: ssc post# 312136

Saturday, 12/12/2015 8:06:15 AM

Saturday, December 12, 2015 8:06:15 AM

Post# of 360718
I still believe based on the previous convertible notes with the exception of the Chrome note that if they issue additional notes the notes won't be convertible into stock for about 180 days. If that turns out to be true any dilution won't occur until after drilling of the first well so there may not be pressure on the stock price until after drilling

If the first well is successful then it should be easier to raise capital necessary for additional wells. If the first well is not successful then we all know what will happen unless there is a positive development in the JDZ, EEZ, or Chad.

This is all IMO.

Another opinion I have is that you won't agree with anything I post and you will never make a positive post about ERHC no matter what happens.