Replies to post #316022 on ERHC Energy Inc (ERHE)

[midtieroil]

So a company with no revenues will have no problem getting financing in the current environment despite the fact that every lender on the planet is cutting back on loans to the energy industry, despite the fact that this one well won't come close to proving commerciality, despite the fact the ERHC will won't have revenue for years and despite the fact the ERHC doesn't have the cash to even pay the interest on any financing they may receive?

Their best bet is to sell out and even that might be difficult.

[nwtf]

You can bet that the financing wont favor us either. Any discovery at this juncture is nothing more than a life line.