ERHC Energy Inc (ERHE)

[balance_builder]

Dan Keeney is telling shareholders that the Rodman & Renshaw presentation was successful and drew interest from investors.

I found the "same day" PR a little odd....almost as if they weren't going to PR their presentation at the show and then, in the wee hours before the presentation began, they PR'ed it after receiving pressure from shareholders.


"HOUSTON, September 15, 2010 - ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today announced that management will present at the Rodman & Renshaw Annual Global Investment Conference this morning."
http://erhc.com/en/rel/269/

Again, note that the date of the presentation was September 15'th.


Does anybody find it odd that the filing shows that the share placement agreement took place on September 12'th??? Three (3) days prior to their presentation????


"Pursuant to a placement agency agreement, dated September 12, 2010, the Placement Agent agreed to use its reasonable best efforts to arrange for the sale of shares of the Company’s common stock and warrants to purchase shares of the Company’s common stock in a registered direct public offering."
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001140361%2D10%2D040474%2Etxt&FilePath=%5C2010%5C10%5C07%5C&CoName=ERHC+ENERGY+INC&FormType=8%2DK&RcvdDate=10%2F7%2F2010&pdf=



So, they have a placement agreement dated 9-12.......PR their presentation scheduled for 9-15......then talk as if the presentation brought investors forward.

HOGWASH. The deal was done 3 days before the presentation and this was probably their reluctance in PR'ing same. More shady stuff to add to the overflowing bushel baskets.


So....the show didn't bring in the PRE-ARRANGED share deal. What did???? Just another dot . . . . .