ERHC Energy Inc (ERHE)

[Lugheads1957]

Yeah, I pretty much knew what you were asking, but couldn't resist.....

I'm not sure anyone really knows much about Starcrest, or Feltang, or even Chrome for that matter. It seems that EO has found himself a bunch of ingredients for something, but we don't really know what it is he is trying to make - other than money and power.

One of the few who appeared to have a geniune pulse on this story was Meridian, and he was run off the board. His 'predictions' were far more accurate than anyone else here as far as upcoming events that actually took place and issues that were pertaining to ERHE.

My questions are more about what everyone here takes for granted: Where are we gonna get property dirt cheap that will provide a positive cash flow almost immediately? My best answer to that is we will end up 'flipping' some property to Addax or SNP or another favorite of EO's, but I thought Nigeria indicated recently they were gonna stop that type of activity in the future. Not that Nigeria making that comment would actually stop the process.....

What could we be buying with so little money that will turn a profit in a year or two? Why wouldn't the seller hold it for that time?

As for other methods of gaining funds - I surely hope we are not selling off more pieces of blocks 2-4. Can we actually be selling parts of 5,6 or 9 when there haven't even been indications that those blocks are ready for PSCs (5 and 6) or to be bid upon (9)? I doubt we could be cutting deals for NEEZ blocks either, since we don't even know what those blocks are yet.

Yes, my opinion.