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Re: brez63 post# 127755

Wednesday, 05/07/2008 5:33:45 PM

Wednesday, May 07, 2008 5:33:45 PM

Post# of 362136
ERHE will own the sub as one of its assets. The sub will have assets of its own. As the sub and its assets are assign a value by AIM investors, ERHE's asset, the sub, will be that value on the ERHE's books.

As an example only, say they list "ERHC block 4 Cayman" on the AIM. It subsequently is valued at $10B (hey, it's MY example!). ERHC Energy owns ERHC Block 4 Cayman, so ERHE's market cap will reflect the value of it's subsidiary... and all the other assets and subsidiaries as each is released like a young birdie from the nest, to forever fly on its own.

I *HAD* to get a birdie in there somewhere! LOL!

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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