ERHC Energy Inc (ERHE)

[dw2oil]

I read the politco.com article. I think this paragraph was very good for us.

"But the jury rejected Jefferson’s arguments, convicting him on bribery, racketeering and money laundering charges. In all, Jefferson was convicted on 11 of the 16 counts he faced; the jury rejected allegations that Jefferson had violated the Foreign Corrupt Practices Act."

ERHE was being investigated for FCPA violations in connection with Jefferson. If he is acquitted on those violations, it would be more difficult to come after erhe


Read more: http://www.politico.com/news/stories/0809/25850.html#ixzz0NMcQEdfJ