ERHC Energy Inc (ERHE)

[Art2004]

NTD, re: your questions, I do not agree with either:

1. SEO has more shares of ERHC than any of us can even dream of. If the SP of ERHC goes anywhere close to the prices posted on this board Emeka Offor would be a BILLIONAIRE plus.

Why on Earth would he go thru complex deals just to get more cheap shares???? How many hundred million shares could he get??? NOT

SEO who actually rescued this company is seen as some kind of Bogey Man. It is just ridiculous.

2. Jeter noted that the Board does not want to be accused of insider trading. ERHC, unlike most other companies, has been under scrutiny by four agencies of our United States government.

It could just make the present BOD a touch conservative in their financial dealings.

Also, ERHC is a company in a fluid situation with possible news on any given week. If a BOD member bought a lot of shares and good news broke within a couple of months, they possibly could be accused of insider knowledge.

NDT, my advice would be to follow the opinion of someone like Manti who has been a large shareholder for many years and never went around repeatedly posting "It's all good."