Replies to post #268756 on ERHC Energy Inc (ERHE)

[Krombacher]

I don't think that Offor or Chrome is being "generous". I think ERHC is trying to be "fair".

There's a difference between Offor/Chrome and ERHC management.

Krombacher

[Krombacher]

Also note that Offor only needs 50% to get controlling interest not 100%. So if other minority shareholders join in on the stock offering then that is just icing on the cake for ERHC. They get Offor happy with control and some side money from shareholders to boot.

There's nothing generous about that. It's just good business sense.

Krombacher

[oil-cowboy]

If trust is your concern, then you have an unbearably long journey ahead of you. I can't fathom being invested in a company like ERHE and not trusting the intentions of management. Insanity comes to mind. Find another vehicle to profit elsewhere, there's many choices available.

The more skin Offor and management have in the game, the better I will sleep at night.