Replies to post #178146 on ERHC Energy Inc (ERHE)

[doubleaa]

amazing response, I have done many under thoses " options' rest my case!! see ya in November.
AA

[doubleaa]

that is " NOT TRUE" I have done multi million dollar deals, " subject to" DD, inspections, evualtions ect. Prior to any SEC or other regulations " until" they are signed and agreed to. AA

[redinvest]

Midtier - you seem to know some about deals and how the SEC would react. It has been my experience, being invested in the oil field for several years, that I've seen some Right of Refusal type deals. In other words ( hypothetically speaking ) say ERHE may have a right to refuse a deal set at a certain number, and could exercise that right at a time in the future, assumably a short time period. In ERHE's case, the time period would be after SEO has peeked at the logs of a few prospects. Basically the Addax Sinopec was a Right of Refusal type deal with a $300 million penalty for exercising the right to refuse the deal. In your opinion would such a deal have to be disclosed or the SEC be involved, since the deal is not concluded until the right is refused or not.

TIA

Red