ERHC Energy Inc (ERHE)

[snayeman]

Sneak, what makes you think we may get 15%. Peters private placement was for a lousy 2 mil! A far cry from the 50 that was authorized or that would be needed for the 15% of oml 40. So are you thinking he's now going to raise the rest by giving away shares at these low levels to buy into oml 40. If this is true maybe that explains why the shareprice has dropped. Personally i hope they trade some jdz or eez percentage for a slice of 40, that could work out nicely!