ERHC Energy Inc (ERHE)

[DegenerateGambler]

Below is Dan K's response to my email concerning the Statute of Limitations. I would hope Krom and Print read this post.

Robert:

I’ll take these step by step:

"During the January conference call Atty Madigan was discussing the investigations and he eluded that the Statute of Limitations may have tolled."

He actually explained that the statute of limitations is an important factor because it limits the events that the government would be examining. He did not say it expired because by definition it never expires. It just moves with the calendar. The statute applies to a five year window today just as it did yesterday, but the window has moved forward one day.

"This would indicate that the the government would be precluded from bringing any charges."

As described above, this is not an accurate way of interpreting Mr. Madigan’s statements. The government would be precluded from bringing charges related to events that fall outside the 5-year window, but it doesn’t mean the government can’t pursue an investigation of events inside the 5-year window.

"Since then, the company has acted as if the investigations were non existent during many of their presentations. But during these presentations and the Q & A PRs that followed, there is never a mention of the status of the investigations. Is it possible for the company to give the shareholders an update with information about the Statute of Limitations for the investigations?"

What we’ve said in the past still applies today – the company continues to cooperate with investigating authorities, although there has been no activity of note on the investigations for some time.

"One very important issue that has been discussed on IHUB is whether the government has filed for an additional 3 years to be added on the normal 5 year SOL because of possible foreign evidence. This additional 3 years is very meaningful for the time frame concerned."

If government investigators seek such an extension, which they have not, the Company would notify the investment community.

"Would it be possible for ERHC to have another Q & A type PR where both Peter and Mr. Madigan address questions concerning the investigations, especially the Statute of Limitations. It would be extremely helpful for existing shareholders as well as potential shareholders to better understand the status of the investigations. Your cooperation is this matter is greatly appreciated."

Because these are ongoing investigations, we are significantly constrained in what we can say about them. I recommend listening to a replay of Mr. Madigan’s comments from the annual shareholders meeting. Nothing has changed since then.

Dan Keeney, APR

DPK Public Relations


Sent: Sunday, June 22, 2008 11:20 PM
To: [e-mail]
Subject: ERHC Energy –
From: Robert Parker – 702 655 2512
Email: [e-mail]

Dear Dan,
During the January conference call Atty Madigan was discussing the investigations and he eluded that the Statute of Limitations may have tolled. This would indicate that the the government would be precluded from bringing any charges. Since then, the company has acted as if the investigations were non existent during many of their presentations. But during these presentations and the Q & A PRs that followed, there is never a mention of the status of the investigations.

Is it possible for the company to give the shareholders an update with information about the Statute of Limitations for the investigations? One very important issue that has been discussed on IHUB is whether the government has filed for an additional 3 years to be added on the normal 5 year SOL because of possible foreign evidence. This additional 3 years is very meaningful for the time frame concerned. Would it be possible for ERHC to have another Q & A type PR where both Peter and Mr. Madigan address questions concerning the investigations, especially the Statute of Limitations. It would be extremely helpful for existing shareholders as well as potential shareholders to better understand the status of the investigations.

Your cooperation is this matter is greatly appreciated.

Robert C. Parker