ERHC Energy Inc (ERHE)

[RUBY1100]

I think we could have a bounce this week
seems like ARCA may be gone and hence the overhang selling pressure

Everyone practically is selling here at a loss

Drilling 1 yr out BL 2,4

STP EEZ Q1 2008

BL 3 2008

I believe the DoJ/SEC are already priced in - this may drag out for years - so like IRAQ we must get used to it

I believe our rights are intact - SEO could face a class Action against shareholders in which a management shakeup would be welcome, a Board of Directors shuffle would also be good

perhaps we get lucky with the RIG coming sooner

Buy Low - Buy when the pps looks like crap and it does

Its time -