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Re: None

Wednesday, 05/10/2017 2:15:23 PM

Wednesday, May 10, 2017 2:15:23 PM

Post# of 18778
Some have been stating that Starcrest will be taken over 75% of ERHE shares, which is yet another false opinion stated as Fact!

ERHE is part of an International Agreement between Nigeria and Sao Tome and I am quite sure that Nigeria and Sao Tome will have the final say in who takes over ERHE rights in the JDZ.

Another issue about this fictional statement about a 75% takeover of a U.S. based Company with valuable hydrocarbon assets by a Foreign Company will not happen unless the U.S. Congress approves of such a Takeover!

ERHE may exchange up to 45% of it's hydrocarbon assets for a per-
determinate amount of cash flow off of a producing oil well. (Hydrocarbon assets for cash swap)

ERHE Forced Bankruptcy is yet another falsehood. with revenue coming from OML40 and with Block 2 of the JDZ maybe starting up again. ERHE'S Share price should recover nicely should this deal and up compng events take place.

Just my Opinion

Just more Facts.

Sneak

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