Over that past 6 months, management has eliminated roughly one third of the Company’s debt, including accrued interest and other carry cost. Almost immediately after unwinding millions of dollars in real estate holdings, the Company had enough cash freed up to fast track the Oveedia development. The result is evidenced by the obvious traction gained by the Company in its OTA development. Joining Sabre’s $7 Billion Travel Network family; set to deliver the first iteration of Oveedia. The proof is substantiated and soon, tangible.
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