Replies to post #51855 on ERHC Energy Inc (ERHE)

[Art2004]

Night, S. Freed has posted that he does not believe Offor is interested in parting with too many shares. He knows his shares could be worth a lot more after proven reserves.

A lot of the desire for the $5 buy in could come f rom other large shareholders who have held their ERHC shares for many years and would like to get some cash out of a portion of them.

It is possible that Offor distrubted shares years ago to people in Africa, too.

Doing a Chrome Oil sale would not allow for any return for political favors granted over the years.

[Dadd]

Nightdaytrader,

My thoughts were somewhat similiar to yours. My thought was that the Company isn't too concerned about sp right now, even offor, IF (and that is a big IF) there actually is a bid for a buy-in. The reason is because if there is a bid for a buy-in (all unsubstantiated) then the price will take off when word is passed on. Now IF there is no buy-in, then it does concern me more to see our company not be concerned about sp or letting us know what is going on.
Dadd