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Sunday, 01/24/2021 2:47:12 AM

Sunday, January 24, 2021 2:47:12 AM

Post# of 360733
Private companies do not report their Financials to the SEC.

But they still need to do business with suppliers who require a credit check or rating.

Hence, in the privately held world, ERHC could report to Dunn & Bradstreet. Reporting in this way makes a lot of sense because unlike SEC reporting which would require full disclosure of the dealings with Total (which would've gone against a judge's order), a report to Dunn and Bradstreet only need to disclose numbers.

It appears they have recent financial data reported annually as privately held companies usually do... annually not quarterly.

Hence the end of year 2019 financials are key...

... and $1.6 million in revenue is not bad at all, if the website is accurate.

Go Erhc!

https://www.dnb.com/business-directory/company-profiles.erhc_energy_inc.0b145d0124d62e449754fabe9669c8bb.html

But to get the full report, you'll have to pay for it.

Krombacher
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