ERHC Energy Inc (ERHE)

[Southern Man]

NWTF, REALITY CHECK> The Fact their is hope of a lucrative future is positive good news, The alternative is a pps of 0 (Zero) months ago. They could have simply shut down the company, sold off eez etc. - OR raise more cash. So your still in the game.

They could have collapsed ERHC and started a new company for Kenya and Chad you know, and give you zero shares of newco.

This is WILDCAT OIL EXPLORATION! "Find oil before you go broke" .... really it is simple as that.

The fact they have offered more shares at a discount to current common shareholders is a gift rather you recognize it or not.

It wasnt their fault JDZ didnt show stellar returns and massive oil reserves on its first attempt. I'm optimistic even the JDZ will prove profitable eventually. AJMHO