ERHC Energy Inc (ERHE)

[Julius Erving]

Hey, Doc

My response: “The Company’s Board of Directors has set aside the current cash and cash equivalents to fund operations,” was not referring to the money raised last week (your question was asked on 10/8), but to the approximately $20 million in cash and cash equivalents on the Company’s books. The money raised last week and in future placements will fund acquisitions. Since you did not explain that your question referenced the current $20 million cash balance, it seems some are confused.

Sincerely,

Daniel Keeney, APR
DPK Public Relations