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dat_51or

08/13/09 3:20 PM

#174172 RE: CobraJet #174170

Second choice, buy-out DD, IMO.
One way or the other...it's going to be fun!
Best to the longs.
dat

ferab

08/13/09 3:27 PM

#174174 RE: CobraJet #174170

If they want to buy out ERHC, then this is the info that is probably needed. So, you never know what is going on behind the scenes. If someone wants to buy ERHC, & they feel their is oil in the ground , then they may want to get a lower price now.

TheDane

08/13/09 3:39 PM

#174177 RE: CobraJet #174170

Cobra...if someone was going to buy ERHC they would be buying only the rights that ERHC holds as there is no operating company. Why would the books matter? I can see in general why they matter but can't understand why going back 4 years and in such minute detail? Does it have to do with obligations the company has, things like that? I noticed the amendment to the Ledbetter employment agreement.