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Re: Jim Long post# 210057

Friday, 04/16/2010 5:08:44 PM

Friday, April 16, 2010 5:08:44 PM

Post# of 361652
Jim,

I think ERHC is not willing to talk because they are in the middle of deal negotiations and have been instructed not to by related parties. If anything the EEL disclosure wilol speed up the pace of that deal. This bodes well for us a sfrustrating as it is.

Several months ago Balanace asked me using background to make an estimate of the ERBC sales price and I said a low of 10 billion to a high of 20 billion. A lot of the "Paid Bashers" immediately started crucifying me.

In fact, they may have been correct my estimate in reality may have been a bit conservative.