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Re: tryoty post# 227714

Friday, 11/05/2010 8:35:56 PM

Friday, November 05, 2010 8:35:56 PM

Post# of 361984
EHP: I asked a few people in financial circles and they quickly concluded that the only reason HDY disclosed Blackrock is it was required to do so. Since Blackrock now owns more than 10% of HDY's outstanding shares, it is an INSIDER. The SEC requires disclosure in such deals. ERHE's placement was 2% of outstanding shares and does not require the company or the investor to disclose it.