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Krombacher

01/31/15 3:33 PM

#296843 RE: Julius Erving #296841

Chrome supports the offering October 2012...CEPSA not part of the picture yet.

CEPSA enters the picture...and negotiations with LOI begin just before the offering takes place...a date unknown to us.

The offering takes place around Feb 2013

Offor does not participate

ERHC closes offering on March 2013

http://erhc.com/news/erhc-energy-inc-closes-rights-offering-thanks-shareholders/

CEPSA announcement May 2013

Krombacher