Replies to post #126432 on ERHC Energy Inc (ERHE)

[Bigfish]

Topshelf, thanks for bringing the post (lensprofits) to our attention. If I could express my feelings well that is what I would have written.

[tryoty]

Chevron Caribbean Inc PO Box 10704, 430 South Church St Grand Cayman KY1-1006

Every other oil company does exactly the same thing. I cited only one because I'm lazy. Oil companies set up a subsidiary for each block in which they participate in the jurisdiction of the area of participation.

No boogieman, just good business.

[petemantx]

This should be a non-issue as far as concerns to us stockholders. Someone posted a link yesterday to Cayman Islands and I saw where there are near 5,000 oil company subsidiaries registered there. Everyone in the oil industry sets up their asset blocks this way and Cayman is about the most popular place to set it up for tax purposes. They do it for liability reasons, because each block has different partners, etc. Again, this was spelled out very specifically at the meeting as to the need and is not a worrisome point. In no way is this a diversion of ERHC rights, profits, dividends, etc.