Replies to post #268726 on ERHC Energy Inc (ERHE)

[2IRAs]

If I am not mistaken, (I did read the prospectus just now) when you want to over-subscribe, you have to send in a bank check for the total amount you want to oversubscribe to before Jan 31st, which can actually be MORE than the amount of your regular subscription. Then ERHC will refund you for what you didn't get. So, Emeka Offor and others of us may be sending them a check for the full 18 million and then they will then get refunded what the rest of the shareholders pass up. I suppose that is possible.

[manuel06]

tryoty
IMO your second statement conflicts with your first one.If he can get all he wants at a set price through subscribing then oversubscribing,then how would we other buying(subscriptions or oversubscriptions) shareholders be then pushing up the share price for him? After the conclusion of the rights and oversubscription I would think he would love to see the share price climb to .50 or 1.00 I know I would.

[sunwillshine]

Right on, Tryoty!

Happy New Year to you and Jimbo.