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Re: MercosurTrav post# 11638

Thursday, 12/06/2007 6:29:56 PM

Thursday, December 06, 2007 6:29:56 PM

Post# of 34794
Thanks for the update. It's important to remember that they did rescind the 4.1 billion convertible debt filing with the SEC but they still have convertible debt on the books. So, I would imagine we should expect to see some continued dilution within a reasonable range until they become cash positive. Hopefully, that's forthcoming shortly.

I believe they are doing the right things to move this company forward at a rapid pace. Yes, there has been dilution in the past and probably will be more within a reasonable range but they have used all of that money extremely wisely building new technology and products and going to market with them, signing deals, moving into new markets, etc. JMHO. GLTA.