ERHC Energy Inc (ERHE)

[tryoty]

Dadd, I noticed that too. Ledbetter's option expiration date seems to always be the same year as the report being filed. They initially were to expire in 2008.

Ledbetter would be crazy-loco to not exercise his option. I'm not talking exercise like most employee plans where you flip the option and only pocket the difference between the current share price and the strike price. I'm talking about Ledbetter mortgaging his house, wife, and dog to come up with the $430K to buy the full million.

If he doesn't then what he knows is not the pretty picture we've all painted for the JDZ.

I personally think he will fully own the full million before the expiration.