ERHC Energy Inc (ERHE)

[doug c]

It might be just poor writing, but the article makes it sound like shares have already been issued. I don't know how this could have been done w/o a disclosure and the co has been pretty meticulous about its filings. Here is the relevant language:



At least 43% of ERHC equity is also owned by Offor, who has angled to acquire Starcrest by issuing additional ERHC shares a move that at one fell swoop would land him about 70% of ERHC stock in the most prospective frontier oil province in west Africa. Minnow ERHC enjoys a key position with Addax in JDZ blocks 2, 3 and 4.