Replies to post #299532 on ERHC Energy Inc (ERHE)

[Manti]

The BOD have purchased a few shares:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111860446

If the sp will get back up to their purchase price, those buying at these levels will be tickled pink...

[condor1]

Bias is a very discerning word. People often frame their biases to suit their responses, and vice versa.

While your response has logic, it also demonstrates bias.

If the agenda was to promote confidence, then it would have demonstrated HUGE confidence if they had their respective assets on the same line as common shareholders.

Conflict of interest. I disagree. That is like saying that the coach of a team, or the executive manager of a team would have a conflict of interest if he bet on his own team, which is so completely untrue, that is borders on absurd. If he bets on the OTHER team, that is a conflict of interest. But betting on your own team is a demonstration of allignment with the team's interests.

That is aside from the fact that gambling is illegal.

[midtieroil]

It is my opinion that people of the caliber of this board do not invest in any OTC stocks period.

Kind of hard to make that statement when all ERHC's directors already bought stock and also when almost all directors of OTC publicly traded stocks also own stock in their companies.

[Sidewinder]

Strategyon.s..... peter is on the bod is he not

[Julius Erving]

I would rather them keep focused on the business decisions on not ecstatic because they are up big or bummed because they are down big strictly on the current share price.

If you read the below, you still ask yourself, why aren't they buying more now, to lower their breakeven point...Strategy? You answered via Midtier already. But you must agree that it is 'somewhat' strange. But I must stress that nothing really solid can be deducted from this, other than that they let go of a real 'bargain'... according to management (and their own opinion).

Maybe one can deduct from this that they feel that they are not 100% sure what is going to happen, with glut oil for instance?

But strange it is... on the other hand, the CEO of TAIPAN bought an incredible amount of stock, and look at him now...

Hi Doc:

I’m not sure why there are posts stating that ERHC’s BOD can’t purchase shares. ALL of ERHC’s BOD participated in the Rights Offering and ALL hold ERHC shares. See page 61 of the 10-K:

www.sec.gov/Archives/edgar/data/799235/000114036114046566/form10k.htm

These are the totals held as of 9.30.2014 (the end of the fiscal year covered by the 2014 10-K):

Peter Ntephe 1,191,172 *
Dr. Uzoigwe 850,000 *
Howard Jeter 850,000 *
Friday Oviawe
505,000

Sincerely,

Daniel Keeney, APR
DPK Public Relations

Toll Free: 800.596.8708
Portland: 503.922.0023
DFW: 214.432.7556
Houston: 832.467.2904
E-mail: [e-mail]

Web: http://www.dpkpr.com
Twitter: http://twitter.com/dpkpr
Blog: http://www.danielkeeney.com