Replies to post #313298 on ERHC Energy Inc (ERHE)

[midtieroil]

Completely false interpretation of what I just said. I said the exact opposite. I said it was a legal way to transfer the assets. And the sale of a portion of the Chad asset or any other asset wouldn't require the approval of any shareholders of either company. I said NOTHING about selling the whole company. Plus, if Ntephe owns over 5% he is considered an insider so he is NOT like any other shareholder. Did you not read where I clearly said Ntephe and Obodulu would be excluded from the decision making due to the conflict of interest. And did you also not read where I said it would require regulatory approval. And did you also not read where I said it would likely require a 3rd party fairness opinion? Yes there are some hurdles to jump, but it you think this can't be done legally in the manner I just described then you must not have read the prospectus. I have NEVER read one where conflicts of interest seem to be the norm rather than the exception. That makes me wary as it should any shareholder is paying attention.

[lovemelongtime]

Thank you for taking the time to do the research on this, clears everything up, end of story!!!

[Tamtam]

Those companies are only a secret to some that don't do proper DD or fail to read informative messages about them here

[oldoil]

Globaloil ########
Ahhhhhhh
Life is good. Much thanks and you haven't been De___ted....yet.....Life is good

[tryoty]

globaloil, this entire arguement is a joke:

"How ERHC Energy responds to any possible offer from RAP.P is not subject to the provisions of the RAP.P prospectus. Any buyout of ERHC would require shareholder approval from a majority of the ERHE shareholders. That means that one of your shares carries the same weight as anyone else's share. Your unwitting theft speculation ends there. Period."

The entity "NGAR" IS ERHC MANAGEMENT. Any representation otherwise is an attempt to hide the truth.

"Any buyout of ERHC would require shareholder approval from a majority of the ERHE shareholders"

So who are the majority? 2.25 billion shares were flooded onto the market last year and a large number of them have not been sold, so who has them? Offor is down to 13%, PN and SO own just under 5%, so who are these shareholders that RECIEVED these billions of shares upon conversion? Why no mandated disclosure of more than 5% ownership?

Is it Sinopec? Are they finally going to tell the world the results of the 5 JDZ wells?

KNOW THIS: the retail market did NOT buy billions of shares of a Nigerian controlled company ahead of a 1 for 100 reverse split. That is exactly what did NOT happen...

I just hope that what really did happen doesn't land this thing in court for a decade or longer. There is a stench that is overpowering with what is going on.

[nwtf]

I find this ironic----The RAP.P prospectus?
Would that have anything to do with Jerry Rappaport. He received half a million shares in a settlement deal with ERHC a many years back after buying a whole boatload back in the Tirman days.