Replies to post #169350 on ERHC Energy Inc (ERHE)

[amj23]

I doubt you are really paranoid about it after all this time.
the platts article will prove more right, that's what should paid attention to.

[Lickety Split]

emdyal,

I totally agree and hope that they hold off till after drilling. I don't want any part of anything that will dilute shares or otherwise deflate our shareprice, even temporarily, until after drilling results are announced. We have been here too long betting on the oil assets, not many would admit that they are here for what the company's future model might look like after aquisitions. We are here for the JDZ assets and the drilling results based on our current outstanding shares. JMO.

Strass

[Tamtam]

emdyal, please reread these paragraphs from the latest update from ERHC Chief Operating Officer

Several shareholders have expressed their strong objection to any acquisitions on the grounds that they will devalue the JDZ assets or weaken the Company by depleting current cash reserves. Be assured that we do not intend to jeopardize our financial position.

Growth through acquisitions is well advised. We are creating the subsidiary structures necessary to keep those acquisitions separate from the JDZ assets. While this has always been the intention, we hope that specifying it clearly here will allay the fears of those shareholders who oppose acquisitions because they do not want the JDZ assets to be thereby ‘diluted’ or ‘devalued'.

Now who is paranoid here