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MANAGEMENT AGREEMENT	3 Months Ended
Mar. 31, 2019
Notes to Financial Statements
NOTE 5 - MANAGEMENT AGREEMENT	On April 13, 2015, ERC entered into a mining and management agreement with an unrelated entity, to operate a coal mining and processing facility in Jasonville, Indiana. Under the management agreement funds advanced for the three-month period ended March 31, 2019 and 2018 are $0 and $7,000, respectively and the amounts repaid totaled $0 and $79,219, respectively.

MANAGEMENT AGREEMENT

3 Months Ended

Mar. 31, 2019

On April 13, 2015, ERC entered into a mining and management agreement with an unrelated entity, to operate a coal mining and processing facility in Jasonville, Indiana. Under the management agreement funds advanced for the three-month period ended March 31, 2019 and 2018 are $0 and $7,000, respectively and the amounts repaid totaled $0 and $79,219, respectively.