Environmental Remediation Hldg Corp. (ERHC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: franco who wrote (45)	7/23/1997 8:40:00 PM
From: Jeff Williams	of 671

Franco, et al; I spoke with GFC Communications today. They handle IR for ERHC. They told me there would be an 8K filed this week in regard to the Indonesian JV. It should be available on EDGAR fairly soon. They also told me a few additional details in regard to the JV contract. 1) The term is for 10 years!!! 2) The revenue splits will be based upon the increase over current production levels. 20% off the top goes to the Indonesian government. The remaining profits on the enhanced flow will be split 51% PTK and 49% ERHC. 3) 4 BAPCO Tools will be used (at least initially), the ownership of which will be retained by ERHC. This looks like a sweet deal for ERHC. They get their ticket punched for Indonesia, at no expense and at no dilution of stock. Ten years should give ample opportunity for excellent profits. This is beginning to look like a keeper, not a flipper. I don't think I ever want to play poker with Sam Bass either. It just keeps getting better and better... Regards-- Jeff Williams

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next