What I think most here are forgetting is that I believe the JDA would have to approve an assignment/transfer of ERHC's rights to Chrome or any other buyer of ERHC. May not be such a siple process. JMHO
Fishdog, a buy out of Chrome by ERHC which would leave ERHC as a publicly traded company would not be of a major concern to me. The other way around with Chrome buying out ERHC could pose problems.
Offor has controlled a majority of shares in the past. He has chosen the Board and the Officers of the Company up to the present anyhow.
Whether Offor would do a deal while under SEC inquiry is a good question. It could resolve the problem of his being the Chairman of both companies, if that could be seen as a problem by the SEC. Hence he could do a deal to satisfy SEC objections.