ERHC Energy Inc (ERHE)

[farrell90]

From Investopedia

Rights Issues
A company implementing a rights issue is offering additional and/or new shares but only to already existing shareholders. The existing shareholders are given the right to purchase or receive these shares before they are offered to the public. A rights issue regularly takes place in the form of a stock split, and can indicate that existing shareholders are being offered a chance to take advantage of a promising new development.

Hopefully ERHC shareholders will be able to " take advantage of a promising new development". Look for more news between now and 9/25/2012 JMHO Farrell

Read more: http://www.investopedia.com/articles/03/081303.asp#ixzz23CYfYkrN