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With this additional funding in place, we hope to conclude some of the acquisitions that are currently under discussion. Our record revenues last year were primarily the result of five acquisitions made in 2005. These funds will also give us the ability to expand our national sales force, which should strengthen our new-client enrollment program and enhance our organic growth.

Now, all these facilities will be readily available to us as an integral part of our own network.

Because we have had much demand for accommodations in Denver and the ski resorts in Vail, Aspen and Steamboat Springs, our company has previously done a good deal of reciprocal trading with TER. Now, all of these facilities will be readily available to us as an integral part of our own network.

Having a partner of this quality should enable us to accelerate our industry roll-up strategy and realize many of our short-term and long-term goals.

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