ERHC Energy Inc (ERHE)

[Strategyone]

When an insider (non executive) Nigerian Director, appointed by Sir Emeka Offor himself, picks up 85,000 shares at .425 cents, I will take that as a positive sign. And not the reason for this current run up but a very positive sentiment towards the value of ERHE. I seriously doubt that the director insider would be picking up additional shares at .425 for a meager gain. And I doubt seriously that SEO would allow this director to pick up addional shares if SEO was about to sidestep the shareholder as BM's artical last week suggested that was also thwarted (if true).

This little Form 5 takes a little uncertainty out of the risk and in my opinion, points towards some very positive developements coming before the ealiest of rumored drilling next March.

Good luck to all and enjoy this begining move up as I will,

Strategyone