Once again the primary issue and difference of opinion surfaces. You are in the same camp as Krom, insisting the issuance of toxic debt ended in December. I see a need for millions of dollars between now and drilling and that $250,000 from Chrome doesn't put a dent in it. So if Chrome or someone else comes through to bail out ERHC I agree the price could see 5 or 10 cents again. But if forced to continue to issue toxic debt to survive, shareholders will be diluted out of the picture. Simply consider raising $2 million @.0005/share and all the warnings from the Deloitte article about toxic debt become easy to understand.
Simple question: If ERHC has a funding runway to drilling without having to use additional toxic debt why hasn't it been announced?
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