looks that way to me too, jak, CH wont buy anymore shares he has 7 million...they have diversified from the IVA led model of DFD and DEBT into a broad lending solutions company, this is astute as advertising is the biggest cash burner and they are cascading the leads into divisions that are suitable for the client. If regulation ever became an issue, (and currently although the banks want it it is not on the agenda now or in the foreseeable) ACG definitely has the moral high ground with this model. Under estimated, vastly under priced.