ERHC Energy Inc (ERHE)

[stocks2rise]

I read it the same way. Now remember this is just the first go around. The company has already stated there will be future rounds as well as funding will need to increase. This go around will just cover the intitial phase of the contracts for Chad and Kenya. Offer can get close to 50% ownership just on this go around. What happens on the next one? He will either to over the 50% or he will not be able to participate. That will kill the next go around. That is the way I see things progressing. This is a one shot deal. They need funding from Buyin's etc for any future money. Fingers crossed, eyes crossed, legs crossed etc.