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Re: Edward post# 1106

Thursday, 08/26/2021 4:37:53 PM

Thursday, August 26, 2021 4:37:53 PM

Post# of 28047
While the company did the right thing by timely disclosure as all public companies should do, it is the very question if the story can be validated by others quoted in the press release.

There is no independent evidence in Ecuador that the named Mayors are aware or support the content of the press release.

If the Mayors through their social media accounts or local media published an interview surrounding the press release there would be no issue. This would collaborate the account of the press release.

This would not breach any NDA in disclosing any terms of any pending agreement. Merely acknowledging what the company released allows the other party to comment.

Although not ideal, if the local media merely reprinted the press releases at least the locals would be aware of the story.

In both cases, everyone in Ecuador is silent.

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