ERHC Energy Inc (ERHE)

[DegenerateGambler]

The fact is the company HAS indicated that they must raise capital to complete the marginal field deal. The only logical (possible) way for ERHE to do this is with share dilution. This fact has created fear in many, many shareholders who are generally against ANY dilution no matter what the purpose. The purpose here is also questioned by many of the shareholders even without knowing the details because of this general adversion to dilution. As more of the details of THIS particular deal are revealed (questionable ethics involved) it looks worse and worse. This whole marginal field idea has created too much fear and worry in most investors' minds. Thus, not helping the SP. I too am very fearful of both dilution and the marginal field idea.