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Re: balance_builder post# 123014

Monday, 03/31/2008 8:52:18 AM

Monday, March 31, 2008 8:52:18 AM

Post# of 361652
In respect to your last post, I as with many of us think that there is a chance that the company(ERHC) is going to try to remove public shareholders at a price they deem appropriate for us. Whether that is $3.50 per share or $6.00 per share.

Obviously this would fit into some larger plan whereby SEO and the buy-out entity would be able to cut some astronomical deal.

I must assume that they feel there is some number out there that if they buy us out at that price per share then public redress would be limited.

I for one would like to make my own decision on when to get out of this stock and not have it made for me.

I will not be able to attend the shareholders meeting but hope my fellow shareholders make it plain to management that if and when they try to take us out they will have a fight on their hands. This is still a public company and it is registered in the US and as such is under the US judicial system.

Hopefully we are all wrong about this possible contention but I do not see that it would hurt for the shareholders that are at the meeting to let them know we will fight a buy-out of public shares.