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Replies to post #155914 on ERHC Energy Inc (ERHE)

Replies to #155914 on ERHC Energy Inc (ERHE)
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Art2004

03/23/09 5:30 AM

#155918 RE: bblack #155914

To further dilute the number of shares at .25 would be an unwise move. Plus, ERHC does not have the management capability to handle an acquistion.

The data ERHC would use would be the actual estimate data of their JDZ block percentages done by the firm from the Netherlands.

And all this data will change once the DP drills Kina.

A Red Chip analysts report would never be viewed as anything other than one person's opinion.

Worthless.
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tryoty

03/23/09 9:51 AM

#155956 RE: bblack #155914

You're pretty clear. LOL! ERHC could've raised capital by selling shares for over 50 cents 4 times in the last five years, they didn't.

The thought that they would NOW is fantasy. There are so many eyes on this thing right now, including the SEC and DOJ, that they can't pass gas without getting caught!