ERHC Energy Inc (ERHE)

[ibready]

Very interesting info at www.guineainsurance.com First, Guinea Insurance Co. dates back to 1948 and became 100% Nigerian owned in 1988. According to the website "with the recent acquisition of majority shares by Chrome,a new Executive Management Team emerged". SEO is the Chairman. Under the Special Risk section, oil and energy is listed. Clients listed under this sector are Chrome, Chevron Nigeria, Agip and others. Now the very interesting part, per the recent announcement that Guinea Ins. was raising significant capital,and assuming that Chrome has at least 51% then it would seem that Chrome could need a minimum of $115 million to maintain their majority position in the recapitalized company. I wonder where Offor could come up with that kind of cash. It is worth your time to check out the website IMHO