Replies to post #198141 on ERHC Energy Inc (ERHE)

[walldog0]

pinecat...if EEL gets 100% of a block, then there....

is nothing left to pick the 15% out of...its not there anymore.
You can't have more than 100% of a block.

And if you did take 15% of one EEL's blocks...then EEL would only get 85% of their block, and not 100%.

[Strategyone]

Pinecat,

Chude said ERHC would recieve 15% from any two blocks (unsaid was any two blocks that went out to bid). The first 5 blocks (all 100% of them) were reserved and not available. I am pretty sure Chude assumed we all knew this. That is why he didn't say anything wrong. It is just how some people twist the options when there really isn't any logical way to twist it.

We will all find out soon enough.