ERHC Energy Inc (ERHE)

[balance_builder]

Tryoty..."You are missing nothing, $251M market cap is strictly forward looking potential, but that potential is mind boggling."

ASSETS
Current assets:
Cash and cash equivalents $ 38,030,673
Prepaid expenses and other current assets 215,421
Deferred tax asset 480,000
Income tax receivable 749,000

Total current assets 38,995,094

DRSTP concession fee 2,839,500
Property and equipment, net 69,941
Deferred tax asset 480,000
Other assets 8,921

Total assets $ 42,393,456

I don't believe the above numbers reflect what was paid for exploration rights in our blocks..... 15 million B-4, 16 million B-2 etc....