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Post# of 18778
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sneak-attack

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sneak-attack

Re: None

Saturday, 11/09/2013 9:20:55 AM

Saturday, November 09, 2013 9:20:55 AM

Post# of 18778
ERHE stated goal is to raise $50 million in cash by selling shares in the company, farm-in deals or equity swaps. If Cespa is the partner to be, a buy-in could be at .20 a share with some perferred class of stock included. ERHE would have to issue 215 million @ .20 to gather $43 million and $5 million in perferred stock together with the $2 million from current investors could fit the billing.


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