ERHC Energy Inc (ERHE)

[TheDane]

Right...I'm expecting oilphant is correct and we'll hear something on 8/9 (hint, that's in two days). My guess is the next CEO will be the telling fact about where ERHC is headed. Someone of high caliber in the oil business, in order to take this job so quickly, will most likely be someone already associated with ERHC and who knows the score. If we get someone like that then we can assume ERHC will go for the added assets. Offor will have to offer a package to bring him on, unlike WB who only got the promise of a package and who probably thought he was going to be able to develop a company.

Someone of low caliber (I can't define low caliber but i suspect we'll know it when we see it) will tell me Offor has no intention of developing ERHC into an oil and gas company. In that case i hope he just leaves it alone and let's the royalty part of this play out, or I hope he sells it.