ERHC Energy Inc (ERHE)

[mz157]

I fully understand how institutional finance works. The doj and sec investigations of erhc were dormant for years and any real institution who knew how to do dd would realize this was no longer an issue. so the formal letters may have slightly de-risked the company but nowhere in comparison to other risks they would take on if partnering etc (think badog summed it up perfectly as to why potential partners would be hesitant and it has nothing to do with the alphabet gang).

Oh and those who understand institutional finance know that institutions 100% do not rely on message boards to do their dd... In fact it's sort of a joke. Not sure how you classify institutions but the ones I am aware would never ever ever even bother with a message board for dd... There are plenty of other ways to get legal, reliable info. It's a terrifying thought that an entity would be making investment decisions based on a mb (let alone retail investors). Talk about amateurs if true.

The fact is that we are waiting total and we will be in a tough position if block 1 isn't a success.