DealerAdvance Inc. (DLAD)

[investor99]

Yes, if you look at some of the previous posts, this was discussed extensively at the weekend after the 10Q was relased on Friday evening. They've had the convertible debt for about two years. It is resident on their previous 10Qs as well. What is a testament to management is that they've diluted very little, especially in the last year when they really needed the cash to fund the business. They've been very careful about dilution and seemed to have used those funds extremely wisely by developing the new web-based software product, going to market, gaining market traction and growing sales exponentially. Quite a feat imo :)

I agree, now that they are growing strong sales, the need to dilute lessens moving forward.