ERHC Energy Inc (ERHE)

[Julius Erving]

TOB, thank you so much for that excellent and above all REALISTIC summary of the meeting.

The Rights Offering in particular is to offer the opportunity for loyal shareholders to take on risk at low share prices generally available only to institutional investors or those who buy in at the lows, before the excitement becomes huge and the share price runs up.

This is true indeed, when World Gaming went from the OTC BB to London the same thing happend. Institution got a hefty bargain back then. In a way it is very nice to see we are offered the same opportunity right now by ERHC.

The Doc.