Monday, September 06, 2010 11:24:51 AM
CEO very concerned about dilution, does not want to dilute the stock. Now that their current business is generating healthy cash flow, there is no need to raise capital.
2nd television station still in the works, possibly a satellite tv station that will be available nationwide as well as outside of China.
10 more projects, not including 3 newly announced, are in the pipeline. Focusing on projects in provinces that don't already have very well known destinations.
Thats an awful lot on the deal pipeline for someone not planning to raise capital soon ;).
-Fernando
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