Replies to post #213615 on ERHC Energy Inc (ERHE)

[balance_builder]

Does anybody find it coincidental that the Chinese involvement in the next door AKPO came almost simultaneously with their entry into the JDZ?


Feltang must be hungry for their full payment for bringing them into the JDZ with ERHC.

"ERHC will also issue to Feltang 5,250,000 shares of common stock and warrants to purchase 6,500,000 shares at an exercise price of $0.355 per share."

I've always wondered when the agreement with Feltang would dictate payment. I'm told "when the BOD approves payment". I'm thinking there is more to it....as in WHEN ERHC is sold.

Anyway, it is interesting that the Chinese came into both the AKPO and JDZ almost simultaneously. Its great to see that the Total/Chinese relationship in the AKPO has worked out so well.