Replies to post #160256 on ERHC Energy Inc (ERHE)

[dat_51or]

Interesting thought-Sinopec cash. Is this just from you or from those contacts you referred to earlier,(ie .65 cash and 1:10 shares)? Just curious.

Exciting times..yes?

Best,
dat

[petemantx]

Wouldn't ADDAX have to report that? I would be mighty upset if I was an ADDAX stockholder and sold my shares cheap when ADDAX knew all along SNP was going to buy them out on a specified date for a specified price at a knowingly far greater price than current SP.

[Erick$on]

Good Afternoon!

Was the Addax for ERHC swap 10:1 or 100:1?

Thanks,

Jenners

[farrell90]

Any reason you mention Sinopec? Besides the obvious fact that the Chinese have trillions of dollars literally burning a hole in their pockets. XOM, CVX or any company with deep pockets could go on a JDZ buying spree. Good luck Farrel

[TheDane]

Here is an interesting exchange from May 1...Thanks, pops8x...very early mention of Sinopec...

Posted by: pops8x Date: Friday, May 01, 2009 4:06:54 PM
In reply to: None Post # of 167485

I think Sinopec/Addax deal, for all intents and purposes, will be done before ERHE/Addax deal.
It will not be formally announced but will be done.
That way Addax doesn't have to have cash to make the ERHE deal....Sinopec will cover it.JMHO

Posted by: farrell90 Date: Friday, May 01, 2009 5:33:57 PM
In reply to: pops8x who wrote msg# 160256 Post # of 167487

Any reason you mention Sinopec? Besides the obvious fact that the Chinese have trillions of dollars literally burning a hole in their pockets. XOM, CVX or any company with deep pockets could go on a JDZ buying spree. Good luck Farrel

Posted by: pops8x Date: Friday, May 01, 2009 6:06:46 PM
In reply to: farrell90 who wrote msg# 160275 Post # of 167487

Just that they have been mentioned as interested in Addax AND they have plenty of cash available.