ERHC Energy Inc (ERHE)

[Manti]

TS: The other piece of that puzzle that is commonly misunderstood is the 2.5% and 97.5% split. Nigeria law requires at least 2 shareholders for a nigerian corporation. So we have ERHC Houston holding 2.5% and ERHC Cayman 97.5%. this gives the 2 shareholders required by law and keeps the company wholly owned by erhc, as well as the tax breaks that come with the Caymans on 97.5% of the money. Uncle Sam can only get to us on 2.5% of the earnings. BTW, this was all laid out with enough legal horsepower sitting at that table that anyone who is worried about it is either uninformed or delusional.