My .CM NameJet Auctions

I was hoping to report on the final sales numbers for domain.cm, domains.cm, hosting.cm and web.cm but it looks like the domain auctions have ended and I am unable to provide any historical data for those auctions with the exception of what I already posted on Tuesday. The following auctions are still active under my account:

hollywood.cm $50 (Currently has 16 bidders with 22 hours left. Apparently I am winning this auction according to NameJet.)

forum.cm $60 (Currently has 13 bidders with one 1 day and 20 hours left.)

motorcycle.cm $50 (Currently has 9 bidders with 5 days and 20 hours left. I am winning this auction as well.)

domaining.cm $50 (Only has a total of 2 bidders with 11 days and 20 hours left. I am in the lead for this auction as well.)

Now the ironic thing here is the auctions that I am currently leading at this time only have the initial bids of $50. I have not bid anything higher for these domain names, these bids are the starting bids which NameJet automatically places for you. There is some confusion on my behalf in regards to the NameJet auction process for the .cm domain names.

On a number of these domains it shows me as the highest bidder when others have also placed starting bids with the help of the auction platform which are tied to my dollar amount. For instance, hollywood.cm currently has 15 other users who have placed $50 bids. Apparently it looks like my bid was placed first for this domain name on July 15, 2009 at around 12:00AM PT.

Does this mean that I win the domain name or will there be a second auction after this if no one decides to bid higher? If I base the dollar amount and time as being the main combination for winning the domain name then there are four other users who I am currently competing with. If I do win the domain names that I am currently the “highest bidder” on then I will consider it a steal. The words hollywood and motorcycle are both great keywords to me which can be easily branded or flipped!