Dilution for Cap-ex is good, dilution for debt service is bad. The recent issuance is getting larger and larger. They really need to pick up cash flow or this could be in big trouble.

I know I know there are a lot of companies that have larger outstanding shares but it's what these shares are being used for that is the problem. It is getting like the guy who borrows from one credit card to pay the minimum balance on another credit card. Might work for very short term but it's expensive. The guy really needs to get a job and bring in outside income to pay things down. New York and Brazil need to come soon. They need sales to pick up to add to the income stream.