Considering the dilution that is still in process I think the PPS is high at .05. I am still looking to add below .03. The S8 shares from Jan. 07 will prevent net income for at least the 1st Qtr. But how long will Mak continue to pay for salaries and services with shares. Most companies could show a profit if they didn't have to expense salaries and services, so it is not valid to say they would have shown a profit for 2006 without the S8s. At first I was attempting to estimate TV revenues based on 100% of advertising, then I learned that CMP was only 60% owned. Now I learn that CMP only gets 70%. I am hoping that 42% of TV revenue will be very significant, but in comparison to 100% or 60%, it is "only" 42%. It's great that revenues increased by 137% in 2006 but the negative side is that ARs increased by 308%.