ERHC Energy Inc (ERHE)

[nordicroots]

MTO - do you think it is possible for ERHC to ask Kosmos to assign the payment you are asking about directly to CEPSA so they can avoid receiving it directly and thus making it attachable by the IRS? It's almost like bartering in a sense as it would allow them to avoid taking possession of the cash and seeing the IRS latch onto it. I seem to recall your background as an accountant and background in tax might help us dissect this issue. I'm just trying to figure out if someone is getting clever here so they still have some means to pay the drilling costs when they come due, and it seems to me that based on your observations that might be a bit difficult if they are in the midst of dealing with that lien. Your thoughts on such an arrangement. Thanks in advance.