ERHC Energy Inc (ERHE)

[pinecat]

Strat,

What I wrote in my message was a direct quote from the ERHC president Chude Mba. He very explicitly indicated that ERHC would recieve 15% from any two blocks and then proceeded to list ERHC as getting 15% from the very best choices, even those chosen by EEL. Read it again. Posturing, perhaps, but this was a history that is worth bringing up. And, yes, it was never clear how one would establish a signing bonus for ERHC in taking 15% of an EEL block that was taken without a signing bonus.