ERHC Energy Inc (ERHE)

[midtieroil]

What people don't seem to understand is that ERHC has nothing to negotiate. They are bound by the existing JOA with CEPSA. What they also don't understand is that the PSC explicitly gives ERHC the right to announce material events irregardless of other terms of the JOA. So, ERHC can announce if they want to disclose or can chose to hide behind the false belief that saying anything is a violation of the JOA. That is what they want us to believe. I'm not buying it. But, either way, it is not illegal. The traders are definitely on edge.