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cracking .ELS files



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According the viziblesoft.com, .ELS files can be used to reconstruct the 
source code of a TS-"compiled" routine.  Does anyone know if viziblesoft's 
claims are correct?
If they are, it seems the only way to provide reasonable protection is to 
write the code in another language and compile it and create a .dll to be 
called from TS.  Is that the case?