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Re: TOB post# 266648

Monday, 10/29/2012 10:27:43 PM

Monday, October 29, 2012 10:27:43 PM

Post# of 363091
I am not sure about oil acreage, but in selling Real Estate here in America, if you list the boundaries (either lot dimensions or metes and bounds) that accurately define the lot, but then indicate the lot is say 10 Acres and it if really only 7 Acres, you are in for a lawsuit. After a sale of this parcel for $100,000, the courts will likely reduce the sales prices to $70,000 when the "error" is found out by the buyer. The buyer thought he was getting 10 Acres and only got 7 Acres even though the legal boundaries were correctly defined and disclosed to the buyer.

Krom, keep the pressure on, ERHC can not and should not have these kind of misrepresentations (mistakes!) in their portfolio of their rights. My money is on Chad causing this mistake and ERHC does not want to rock their boat. But ERHC needs to correct the matter even if they do not want to confront Chad, they have to do it.
DeGen

Will anything good happen between now and the end of the extension (March 14, 2012) or will the share price continue to decline?

The post above is just my humble opinion and may be TOTALly wrong, however you may find some humor in it.

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