Replies to post #236479 on ERHC Energy Inc (ERHE)

[midtieroil]

I am sure they would take cash too but I think the amount that could be raised would be so limited that it would not work. Being able to raise 50 million dollars would probably require selling 500 million shares as things stand right now and I'm not sure who would buy. Maybe Offor or the Chinese so they can dilute the hell out of the rest of us.