Replies to post #223349 on ERHC Energy Inc (ERHE)

[Jim Long]

midtieroil,

Your expectations are more than reasonable. If ERHE can't divulge info/data then tell us why not and to what extent our executives have tried to turn the issue into something positive for shareholders, i.e. "we continue to encourage SNP to agree to the release of the info/data regarding - - - -".

Your primary goal seems to be "interactive communication on an agreed to repeating schedule". I would suggest that a minimum time limit also be agreed upon so there can be dialog without an unreasonable time constraint, say 90 minutes minimum. If it does not take that long then the session can be terminated when the questions cease.

Thank you for your efforts.

[BuffaloTrader]

I'm with you on the quarterly calls. They had a few of those, but goofballs asking "who is Feltang" repeatedly wasted everyone's time. On the subject of the new HDY, my understanding is that they are very much what you seem to desire here - an honest to goodness operator. But a quick look at their Q http://www.sec.gov/Archives/edgar/data/937136/000114420410028388/v185375_10q.htm shows they have a huge burn and almost no cash.

"...the Company has suffered recurring losses from operations, that, as of the date of our auditor’s report, raised substantial doubt about our ability to continue as a going concern."

Their quarterly burn with all those technical pros is almost triple ERHE's while they have enough cash to make it about one more quarter at their current pace. Is that really the model you want? A staff of people who really know their stuff but churn through the money forcing a sale of assets to just pay overhead?