Replies to post #124178 on ERHC Energy Inc (ERHE)

[RUBY1100]

BB, ERHC has yet to announce a LOI or MOU from an other entity to date but went on record to say...

"In the event that the ERHC leadership signs or enters into any LOIs or agreements related or giving rise to any material transaction, we will publicly disclose that information by the requisite means of dissemination."

I think the PPS move was the fact the PPS was way oversold in the $0.20s and you had "PANIC BUYING" from longs who had sold, flipped, and wanted to be back on the train in 2008 so close to drilling.

Perhaps there were a few new big buyers and some newbies to add fuel to the fire.

I stand by the instinct of a RIG coming soon due to the continued reminder by our partner Addax ...

http://investorshub.advfn.com/boards/read_msg.asp?message_id=28031772

but could be any of these too ...

in which the PPS was quiet for 4 months and then exploded to the upside to finish at a new 52 Wk high of $0.52 on strong VOL

a] a big buying group
b] basic valuation adjustment
c] a Buyin Scenario
d] a Rig Announcement
e] SEC/DoJ Clearance
f] delayed reaction to the Nig O&G event in Feb
g] details of the JDZ Block seismic being passed around
h] long investors topping up
i] SH Meeting excitement
j] New PR Team and first class marketing
etc.

[Deere 2010]

Balance builder

I think you hit the nail on the head with thay post

deere 2010

[Digdeepforsweet]

To The Board;


VOTE FOR ME…

The first thought in your head is… WHY ? You know very little about me RIGHT !!! Well let me list the best reasons why….


1) I have been invested in this company since 02/04/04
2) I have never sold a share only brought !
3) I have talk to you honestly thru all those years.
4) I will NOT take your assets and INVEST THEM IN MINING IN SOUTH EAST ASIA ! (As considered in last Update per MR. Luca 03/27/08) IMHO not for ERHC… lets work with rights and assets we have in JDZ, EEZ .
5) I AM A U.S. CITIZEN … for a U. S. Company.
6) I will inform the Shareholders of the BEST understanding of the VALUE of our assets…
7) I AM ASKING FOR YOUR VOTE…. Did the OTHERS ask…on any given BASES ? NO !


My point with this post, is find a way to make your vote COUNT… That is the ONLY thing we can do to express an opinion as a shareholders. Ps. I’m NOT running for BD … but what do you know about WHO is….? Tia deere2010 some… grew up on farm.


Dig. Glta.

[Nightdaytrader]

BB - even US Dept of Energy says there are potentially 14 Billion Barrels of oil in JDZ.

http://www.eia.doe.gov/emeu/cabs/Nigeria/Oil.html

Joint Development Zone

The Joint Development Zone (JDZ), shared by Nigeria and neighboring Sao Tome and Principe (STP), contains 23 exploration blocks and could potentially hold up to 14 billion barrels of oil reserves. Nigeria and Sao Tome have agreed to split revenues from the blocks on a 60:40 basis, respectively. The International Monetary Fund estimates that Sao Tome and Principe could net more than $700 million per year if oil production output of 80,000 bbl/d is attained before 2013. Block One is currently the only block in the JDZ undergoing development. The block is controlled by Chevron (51 percent), with partners ExxonMobil (40 percent) and Equity Energy Resources (9 percent). If oil is located, Chevron plans to bring it onstream by 2010. In 2005, JDZ put Blocks 2-6 up for offer. In March 2006, Nigeria and Sao Tome and Principe signed PSCs for three of the blocks.

[elsieCat]

So balance if I may ask, how does your view affect your proxy voting decision? TIA.

[walldog0]

BB you act like SEO can do anything he wants....

to do with ERHE...WELL HE CAN'T! There are Colorado Corporate Laws in place that protest the common shareholder from many things....and it takes more than a simple majority vote to sell the company, or take it private. Major votes like this require either 2/3's or 3/5's (I forget) of the share count.

SEO doesn't have that many shares, nor can he get them!....Also it should be noted that if SEO trys sell or buy ERHE himself, or to his advantage....Then he cannot participate in that vote, because it represents a conflict of interest.

SEO is not crazy enough to try and screw the small shareholder here, after all,... the SEC is watching....If ERHE hits oil SEO will make a huge amount of money,...he doesn't need the hassle of screwing us!...

jmvhooc

[emdyal]

"1. Lawsuits mysteriously are settled" ????

Guess I missed that one !!! Since when have they been settled ??