ERHC Energy Inc (ERHE)

[Gigwoof]

So far no contracts has been signed for any block in the second round, and two US independents, Devon and Noble Energy, have withdrawn from the process....

The report claims ERHC's participation discouraged more qualified companies from bidding because of "reputational, financial and technical concerns..."

Of course I fully expect the spinsters and pumpers here to find ways of twisting even this report. But hey, either you believe the Energy Intelligence Group, or you believe them!

Oh, and today's allegations are not worth addressing, according to our company's front office...

SOME people did buy these millions and millions of shares as the price was plummeting today though, so will line their pockets again. A few post right here, expect them to start pumping as soon as this pill has been swallowed IMHO.

Bottom line: Things are pretty darned grim right now for ERHE.