ERHC Energy Inc (ERHE)

[Krombacher]

I find it humorous that OTC markets says "caveat emptor" and puts a skull and crossbones for ERHC...presumably, "buyer beware" because there are no financials for which buyer can make an informed decision...so buyer beware!

Except, the buyers of ERHC are probably the most aware group I know of...we do incredible due diligence and have uncovered all manner of information on ERHC and formed all manner of deductions and conclusions, which will serve us well.

The people that should be aware are the short sellers who fail to do their homework and are stunned to learn things like:

1) Offor is actually a billionaire
2) the company is not going bankrupt
3) the going concern in the financials didn't result in bankruptcy within a year
4) there was a judge's gag order
5) there's Total interest in the JDZ and EEZ block
6) Kosmos values block 4 at $500 million
7) large cash and carry deals have been done by none other than ERHC when it got more than $45+ million for the JDZ and keeping only around 20% as a carry...and one EEZ block is the size of several JDZ blocks and imagine if ERHC only kept 5%...it would get a lot more of the cash.
8) we're beating the socks of the now defunct competitor, HDY

So I propose we change the verbiage from "caveat emptor" to "caveat brevis venditor" ... short seller beware!

Krombacher