ERHC Energy Inc (ERHE)

[Strategyone]

exceo,

I feel your pain with discussing this stock with another family shareholder. I stopped talking about this stock years ago with them.

I do think if the ROO gets announced in the upcoming weeks that we will see a good spike in price. I think it will break the $1 mark but I also think it will have a pretty dramatic pull back before going beyond the initial spike.

Along with your agreement of $1 by 1/1/09, you may want to make a side agreement that you will sell x amount of shares at $y price (ie. $1.05) if she will allow you to hold some shares beyond 1/1/09 if it dips below $1 again.

I am guessing that if they do get a ROO that the start of drilling may not occur until late 2008 or early 2009 and until rumor or results start to come out from first drilling, ERHE may not stay above $1 through the 1/1 date.

Good luck to you and I hope she starts speaking to you soon.