Replies to post #140441 on ERHC Energy Inc (ERHE)

[tryoty]

I'd forget about that acquisition.

In this credit market whatever Bovell had planned surely can't happen... unless this so called "bailout" works.

My bet is they're in a holding pattern on the acquisition. I'm encouraged that there hasn't been a banking issue PR. It would totally suck if their $30M was in one of the failed banks and only insured to $100K.

I've scanned their filings, there's no mention of who they bank with. It wouldn't be a company ender, but it would force unpleasantries on us.