Friday, January 22, 2010 12:59:04 AM
It is poorly written, I guess we will find out soon enough.
Tryoty Its NOT a ERHC MOVE to AIM . Read it again.
"considering whether the NASDAQ or AMEX would be a better fit"
They mention Strand Hanson as also managing float. Its doesnt say which entity. I read it that after Strand sets up new AIM listing he will focus on OTC and getting it either MERGED, AQUIRED OR MOVED TO NADAQ OR AMEX.
They want to move ERHC to NASDAQ or AMEX. The new sister company would be on AIM, it doesnt affect ERHC other than give us more options and opportunities.
On the safety "MEND" issue on coast it should not be an major issue. Offor and his friends have ways to appease the locals better than anyone on the planet and they know them well. They will give them all jobs etc..
Mangement must expect plenty of cash coming in to start a new company! Sinopec may want to trade some properties. There are a 100 possibilities. Sit back and watch it unfold. GLTAL
QUOTES- "seeking a listing on the AIM "
general corporate governance and broader corporate strategy relating to equity capital markets and mergers and acquisitions
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