ERHC Energy Inc (ERHE)

[stocks2rise]

If we now have 7.3% of the company and assuming they paid .07 to .09 or less then we have less than $600,000 invested in the company. My question is if Exile is a free carry and they have the same deal we have in JDZ then all they will get is profit oil percentage until the cost oil is recooped. They only have 17% of the block so I don't think they will be getting a lot of money from the field for a while. Since we are not taking them over all ERHE gets is the benefit of a share price increase (if that happens) and the option to sell the shares. So far since they announced the spudding of the well the sp has gone down to an almost 52 week low (sound familiar?)