ERHC Energy Inc (ERHE)

[tryoty]

"I suspect the SEC investigation must be closed down"

The only thing the investigations are holding up is the signing of new management. Any deal that we can dream of isn't being held up by these investigations. Rather deals of the kind we want to see are being held up by one thing, the total lack of proven oil. Until the drill bits turn, and I'm talking about all 5 wells PLUS the 5 optionals, there won't be enough known about what's down there for ERHE to set a price or for any buyer to make an offer. ERHE would be foolish to deal before proven and any respectable CEO for any buyer couldn't offer a price high enough to avoid an ERHE shareholder lawsuit without being crucified by his own shareholders. It's just not going to happen. Is it fun to think about? Heck yeah! But it's not realistic.

ERHE will climb on its own merits when drilling approaches and continues continuously for 2 years. Huge gains will be had by all here, and maybe, just maybe, MichiganNative will break even on her early shares. LOL!

THEN they can ink some super-deal for development. I'd be okay with that.

[EDIT]: Throw a big healthy JMHO on this!!!