Replies to post #293265 on ERHC Energy Inc (ERHE)

[oil-cowboy]

Thanks Doc. Sounds like they go er' under control. Sky's far from falling

Have a great weekend y'all

[bmu]

Thanks Doc for sharing.

[Pml3000]

Well Doc. As far as I'm concerned, that was Just another one of them there," world famous slam dunks"!

[lovemelongtime]

Case closed !!! Lol

[doubleaa]

Thanks Doc as always
wonder how sweet all these buys at 0.023 will be. Dont have to go up much to still have a party
Good Luck to all the longs
AA

[emdyal]

The only thing disturbing about that is that "they" are aware of the uncertainties surrounding the financial situation circulating in the market and whether there is going to be enough cash to get ERHC through the next 12 months without a continuous issuance of more toxic debt yet they say nothing as the share price shrinks daily and thus more dilution ???

"They" could be clarifying the primary issues in some very up front, high profile way but the share price drops to 2 cents and all we get is Ntephe at a conference and Keeney complaining about what people are saying on a web site ??

[ssc]

For the more simple minded like me, could anyone explain why erhc is raising funds at such low prices in the toxic convertible debt market if they have enough cash "to support the Company's working capital requirements for more than 12 months"?

[condor1]

Is DK stating liquid assets of 12 or more months, based on what?

Is he considering the value of the investment in Oando, @ $760K as a liquid asset?
Is the income tax receivable considered as a liquid asset to pay obligations for more than 12 months of operations?

Where is the money to come from?