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

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To: W.F. Schwertley who wrote (150)10/22/1997 12:40:00 PM
From: Jeff Williams   of 671
 
I am not too concerned about dilution as long as the reason is
to enhance shareholder value and contribute to cash flow/earnings.
I am concerned about their financing. According to the PR Firm
it is still being discussed by the attorneys, but the continued delay
is worrisome. It a'int over 'til it's over, and they can sign all the
deals they want, but without the cash to make it happen, these are
just so many pieces of paper. If they do get the cash they need
which I've heard is around $50 million, then this stock will be a
"keeper" in my books. Anyone see it my way or differently?

Regards,

Jeff Williams
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