Ann: Loyalty Option Issue Raises $23.6M, page-20

CH I cannot see the strategic investors scalping . There is no way the board would have foregone entitlements and brought in the strategic investor unless the hands were sticky. The board is astute and I am sure they would have hand selected the strategic so I disagree .

I feel most of the option pressure has already washed out here and the company is cashed up and has plenty of news to come . I sense we are bottoming if not bottomed already and the chart will eventually turn as the company rolls out its strategy in coming weeks and months . Patience needed .IMO .