ERHC Energy Inc (ERHE)

[Strategyone]

I find it hard to believe that ERHE advertised for a CEO. If it is true, then the only way I can give them the benefit of the doubt is that they advertised for some due diligence reason.

I will add my experience in this arena. We have a foreign person working for our company that requires employment to keep his "greencard". Our attorneys highly suggested that we put out a generic advertisement for his position to show that we at least offered the position to US citizens. We then put a highly specialized advertisement for an "open" position that this foreign employee fit like a glove. Needless to say, our current employee (of 3 years) got the job.

I know this sounds a bit of a stretch but it does happen. Maybe, just maybe, ERHE is trying to be very careful since they may be under close watch of the SEC etc, and they are advertising for the position even though they already are well down the path to hiring a highly qualified candidate.

If I hadn't experienced this foreign employee thing personally, I would not think highly for a company of this magnitude to be advertising for a CEO in the paper.

Just my thoughts,

Strategyone