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tryoty

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tryoty

Re: emdyal post# 117722

Tuesday, 02/12/2008 4:52:47 PM

Tuesday, February 12, 2008 4:52:47 PM

Post# of 362655
Burn rate is down to $333K a month...

5 empolyees - including fringe, roughly $10K each, $50K
office space - $10K
Public Relations - $44K
Akin Gump - $73K
Warner & Associates - ? can't be too much I wouldn't think

That's $200K explained right there. Throw in travel and any consultants they may have used and poof! There's the monthly bleed.

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.

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