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

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To: Jeff Williams who wrote (188)12/3/1997 8:00:00 PM
From: GrnArrow  Read Replies (1) of 671
 
Jeff,
My expectation of pending financing was based on the company's agreement with STP. I'm shooting from the hip here without checking my facts first because I don't spend much time on ERHC any more, but as I recall the agreement specified a time range in which they were to secure financing. I believe the outer edge of that range was 9 months from the signing date, which I believe put it some time around Dec. 27th. I don't know if there would be any consequences if they don't meet this deadline, but I had assumed they would meet it. Now it looks like they won't. Perhaps things will look better in the spring.

regards,
Mike
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