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Ramon Peralta said that many entrepreneurs often take on too much responsibility for too many tasks, with results that are frequently less than satisfactory.
As of June 30, the company had approximately $22.8 million in cash and cash equivalents and 39.5 million shares outstanding on a fully diluted basis.
Designed for travelers at small and medium-size businesses, Upside.com promises savings of 10 to 15 percent over the lowest published air and hotel prices available anywhere.