ERHC Energy Inc (ERHE)

[Krombacher]

That would be great if you can contribute enough to the IRA in order to buy shares through the rights offering...but what happens if you go up against the yearly limits, do you plan on selling existing IRA ERHC shares on the market so that you can buy shares through the rights offering at a cheaper price?

Since it's not a 1:1 ratio, apparently, you might be able to get away with funding the IRA less...maybe the rights offering will span over a couple of months so that you can contribute for 2012 (if you haven't already) and then contribute again in 2013 in order to maximize the amount you can fund the IRA to buy the shares through the rights offering without having to sell existing shares to raise the money within the IRA itself.

Thanks,

Krombacher - the above may be wrong.