Sunday, May 04, 2008 4:24:12 PM
Thanks for the intel.
Let's just break this down a touch.
"The listing and the IPO on another exhange would probably follow an
acquisition of some kind. The new company would be a subsidiary of ERHC. Dan added that he does not attend Board meetings and had no knowledge of detailed plans."
Question becomes, why buy a Chevy when we have a new Mercedes in the garage ??
In other words, why make a acquisition when ERHE could simply use The Cayman holdings as the said subsidiary of ERHC energy.
The three letters IPO always get my attention, and I feel we could get the best possible IPO by including our rights in the Blocks 2,3,4. AND, this would not mean we, as shareholders, give up these rights. Instead, we would be given dividend IPO shares depending on the amount of shares we already own.
Dan is careful to admit that he does not attend the BOD meetings. He's not involved in the forward possibility Think Tank. He does, however get the intel after it's decided.
In any regard, IPO IPO IPO, that's what I'm taking about !!
It's all good.
Red
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