BB, I hate to disagree with you, because I rarely do, but in this case I think you're putting way to much emphasis on cleaning up the law suitsuits and debt for a possible buyout. Sure, its great for us investors to own a company that has no legal problems and is debt free, but with the amount of oil we're talking about here, and the miniscule amount of debt that erhc had and the very small damages that those parties suing erhc were seeking it would have not been a roadblock to any acquisition of erhc by any other oil company. Companies buy companies all the time that are involved in legal action, and often if there is debt involved its just assumed in the purchase price. Anyways, just my honest opinion. lol But, while we're on the subject of disagreeing, still don't see any logical reason why a buyin is necessary, I could see a buyout if the price is high enough, but why a buyin? Doesn't make sense, ERHC has full carries, 46 million in cash, and will have available lines of credit to further expansion, don't see why anyone would want to part with their shares now.
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