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Krombacher

05/17/15 11:25 PM

#303239 RE: midtieroil #303229

I agree with the 808 figure.

3 billion shares is conjecture because we don't know the conversion rates at all. Maybe they were near current levels, maybe not.

Chrome's form 4 is not of consequence to ERHC. That's Chrome's responsibility not ERHC's.

It's not a Creation of a Direct Financial Obligation if the notes are converted to shares. Please provide link that shows that "Direct" includes convertible notes.

Krombacher