Replies to post #54889 on ERHC Energy Inc (ERHE)

[petrotsar]

Magicatlast,

In general, I do not invest in companies as such, but in management capable of delivering results. In other words I invest in people who can deliver.

I have based my decision to invest in erhc solely on SEO's involvement. I know his powerbase and I was convinced that he would get the rights for the Company.

I am 100% sure SEO bribed government officials in STP and FRN. Why, because in those parts of the world bribing is as natural as breathing. It is a cultural thing. And we all benefit, don't we.

Now my only concern is whether SEO structured these bribes outside the scope US FCPA legislation. When looking at the 10Q I observed some issues that potentially tie back to the Houston office, such as the 9% in block 4, the interest charge of sinopec, and the feltang deal. That's all.