Replies to post #211515 on ERHC Energy Inc (ERHE)

[Hot In Phoenix]

Thanks!

Looks like they'll be more of a UK company rather than US. Should eliminate an possible interference from US government in a sale to Sinopec. Also gives them ability to stay a float financially for 10+ years if needed.

SLIDE 39

As a result of these initiatives, ERHC Energy plc will emerge as ERHC’s central holding company. There will be two groups of shareholders:

* The direct shareholders – those who voluntarily participate in the Exchange Offer.
* And shareholders of ERHC Energy Inc. – those who do not choose to participate in the