I'm sure this will cop a lot of abuse form certain posters, but in light of today's announcement, I'm sticking by my prediction of a cap raising by the end of May. I can't see this announcement contributing revenue for at least 3 months so it doesn't have any material impact on my forecasts. I will update my calculations at the end of January when the quarterly comes out.
Ann: Distribution Agreement with Affinion International, page-19
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