ERHC Energy Inc (ERHE)

[globaloil]

Let me re-phrase step number 7...

...and add another step - Cut a deal for private placement financing.

7. Settle/close the private placement financing deal.

Usually when you have a cascade of transactions, the private placement financing deal is completed concurrently and contemporaneously with the closing of the actual QT deal.

It's like signing both the bill of sale and mortgage paperwork at the closing. It typically takes weeks to cross all the t's and dot all the i's, but the closing itself usually takes minutes.

Nice, except seven is number one.

db