ERHC Energy Inc (ERHE)

[RUBY1100]

from Meridian In my opinion the Option rights and PSC's can never be affected by any investigation, because the basis for the current PSC's and Option rights is the original agreement ERHC entered into with STP.


Then what did corruption buy SEO. I think his relationships with the key politicians ensured that ERHC was and will be able to enforce their rights. SEO may have made some promises in that respect. I do not know if that falls within the scope of the FCPA regulations.


Now we all know that all steps in the award process were legit and within the ordinary course of doing business. I do not see how anybody would be able to prove that some extraordinary steps were taken of which ERHC benefitted.

In short, I do not think this investigation to go anywhere