ERHC Energy Inc (ERHE)

[DegenerateGambler]

Krom, it is all conjecture as far as what Blair said to Middy. I believe Middy because normally he puts a negative slant on most things that involve ERHC and here he done just the opposite. Middy had no reason to make up such a statement if he did not hear it himself. I believe he did not trade on the info and disclosed it to the board to spread his own due diligence to all those here.

It is blatantly obvious that something went wrong with the offering involving SEO. Why would PN, who is connected with SEO at the hip, even attempt the offering without the support of SEO? The time, trouble and costs could not possibly be justified without having the support of SEO upfront.

So what went wrong? We will never know. And yes, the comment about the suitcase full of cash was said in jest, but to serve as a reminder how financials tranactions of SEO may be scrutinized. I would guess SEO is on several watch lists and many banks will not deal with him.

Those who call out indicating SEO would not participate were just guessing and had already established themselves are promoting negatives thoughts about ERHC. They were just trying to continue muck the waters.
DeGen