Replies to post #225421 on ERHC Energy Inc (ERHE)

[dest_golf]

question BB... at what point would you consider giving up on your buyout theory? Is there a date by which you would concede and say your dot connecting has a broken link?

[TheDane]

What a tangled web THEY weave...I agree with your assessment below suggesting the R&R deal was just a ruse to allow them to give shares (money) to someone...see my post from last week...
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TheDane Share Thursday, October 07, 2010 10:19:04 AM
Re: ferab post# 224637 Post # of 225425

The purpose seems to be transfer of wealth. My bet is Rodman Renshaw was a ruse to allow for the deal to be done with the shelf registration and have it look legit. How likely is it there was really someone at the R&R show that just happened to find ERHC? ERHC didn't even need the money, according to the latest filing. They have +/-$20 million.

We need to know who got the shares...and if we need to add to the list...Godsonic, Starcrest, etc.

[Krombacher]

I think that DK is correct when saying that the funds raised are for acquisitions, at least as the primary reason.

I also think that the wording in the SEC filings are done in a way so that should any acquisition fall through for whatever reason, ERHC is covered in terms of using the funds for other purposes.

Balance, I think you need to face the fact that ERHC's intention really is to do an acquisition, and by acquisition they mean a percentage in a revenue producing property.

Second, if they really are serious about the AIM, and there is no reason to believe otherwise, then they must either do a buy out before then, which is unlikely, or no buy out at all.

Balance, it is my belief that with all the dots, the dots don't add up to a buy out. I think that is becoming the consensus view on this board as well.

Krombacher

[tryoty]

“Oh what a tangled web we weave, when first we practice to deceive”

They are starting to trip over their own deception.

[condor1]

BB,as I see it,the exercise of any financial offerings,the AIM path ,if acted on in any further way ,would be a waste of financial resources ,until such time as the negotiation between ERHE and Sinopec are complete and renders an unsuccessful buyout.If a buyout occurs,all of the AIM and offerings are a waste of time and resources.

Only when all of the buyout negotiations fail would there be an appropriate need to venture into paths of AIM and financial re-engineering.