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Re: Rapp post# 192761

Saturday, 01/02/2010 3:09:22 PM

Saturday, January 02, 2010 3:09:22 PM

Post# of 361984
Erhc, is not a "real" oil company and never has been. it is nothing more than the shell that was set up by Offor, Obosanjo, Daukoru, Lukman and several others who were involved when erhc was about to lose it all. it was and is now a political and financial pocket lining endeavor for them and many others. That is how the game is played over there and how it has always been. Funny how there business is 90% oil and they cant seem to provide running water for a lot of their people.

Let's just hope it is time for them to collect and move on to other businesses, considering the fact that Offor has a major gas project and other rather large projects, he just might need his erhc in cash now.

this company has done nothing more than bide time with the shareholders while we wait, but they have been rather busy tidying up.

And how exactly do you expect to get the real value of your erhc stock when China has decided to keep it quiet? Or the better question is why are they keeping it quiet? how will we get the true story? when they decide to release those results, there will be other motives. They certainly are not fooling some of us.