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Published on 4/24/2008 in the Prospect News Special Situations Daily.

MLF sells shares of Ambassadors International

By Lisa Kerner

Charlotte, N.C., April 24 - Investors led by MLF Investments, LLC sold 431,253 shares of Ambassadors International Inc. stock between March 4 and April 22.

The shares were priced from $4.65 to $10.00 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 1,777,098 shares, or 16%, of the Newport Beach, Calif.-based cruise and travel company.


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