ERHC Energy Inc (ERHE)

[oilman57]

So in Round 1 the JMC notified the companies who won and immediately put out a press release before the companies formally excepted?

I dont see how or why the JMC would do that?

What if the JMC announced the winners to the public and then one of the winners in the block decided they did not want in? Then the JMC would have egg on their face.

That's why I think the JMC has to wait until they notfiy the winning companies and then wait until they have heard back from those companies before they can issue a press release.

Maybe it wont take the full two weeks for the winning companies to respond back to the JMC. In that case the press release will be sooner.

This is all IMO.