Replies to post #236872 on ERHC Energy Inc (ERHE)

[condor1]

amj,you misinterpret my thought,at least to some extent.PN ,in his statements , re-addresses the reader's(our) attention to diversification,not the level of promise that will be yielded by the assets of the JDZ.I suppose that you could say that he will revise his focus and enthusiasm when the Phase 2 scenario is announced.
But I read it as "let's not focus to much on the things I can indicate regarding the JDZ and indications that readers(us) can hang our hats on the revenues from the JDZ,and /or the valuation,..but let's look forward to a plan that places priority on diversification of assets(meaning we MUST diversify which REQUIRES dilution which will detrimentally affect existing shareholders, which will less detrimentally affect SEO because he has plenty to dilute while having no further cash of his own invested in ERHE,while benefitting SEO as he shapes and directly benefits the future of diversification through Chrome).
In short,we,the minority shareholders, are funding the diversification of ERHE,while our assets are diluted,and then the benefits are shared with Chrome,as service provider and facilitator.

I was positive thinking about SEO,waiting to see the effective results of a prospective buyout.But it would seem as if that likelihood is not to come.Accordingly,ERHE is no longer a buyout target,but an operational company... whose only operation is to be an investment vehicle with insufficient cash and insufficient revenue.