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rayank

09/24/10 7:17 AM

#223539 RE: robjer #223536

>.25, cause dilution is already built in the price.
I believe we all knew about possible dilution and it has already been factored in for the most part.
Maybe a 10-15% drop to .23-.25 if those specifics were announced today?
What we do NOT know will have more affect like:
- a buyout offer,
- final drilling results,
- the future regarding phase 2, and
- how listing on the AIM will affect us with the possibilities of attracting new investors as well as institutions.
Plus I do not believe that amount of dilution is that much to deal with if it helps us in the long run.
IMO
If I am wrong and it does drop more than I believe, I can buy more!
:-)
Have a good weekend.
Ray

EZMONEY36

09/24/10 9:28 AM

#223542 RE: robjer #223536

That looks more like a bashers bonus incentive program.

ERHC has many exciting things going on right now.
Announcement of what was found.
New reserve #
Phase 2
Buy in - buyout, new consortium, JDZ wide development of the JDZ by Total
New drilling schedules.
Admission to the AIM
EEZ auction completion.
Our two 100% blocks in the EEZ and our other two 15% block choices to be picked.
Announcement of our partners in the EEZ
Possible full rides like the JDZ with cash payments
Other bidding opportunities'
ERHC buying other rights for development.
ect!!!!!!!!!

This is all going on right now and could be announced at any minute.
In the last 10 years this company has survived and grown it rights and was tested many times to always come out in a better position.

I think we need a chart that goes the other direction!

I have never seen in my 9+ years of holding this stock a better time to be excited!
Time is now for the final outcome of the JDZ and the exciting future of the JDZ and EEZ!
Good Luck
EZMONEY36