Mr. Martin Burbridge:

All of our staff, not just the development officers, are in danger of being put on protective notice some time in June unless we can find a way to have some of the funding restored. If we did not have to set aside moneys to pay people their statutory entitlements should they be made redundant, we would have sufficient reserves to continue to operate for a little longer. However, we are conscious that we cannot leave people without the money they have earned and deserve in the event that we find ourselves with insufficient funds to continue to pay them. We are monitoring the position on a weekly basis. The acting chairman of the board of directors, Ms Annette Byrne, who is also the treasurer is working with the financial controller on the issue and the CEO has been meeting staff regularly to apprise them of the position. It is not a nice place to be. In fact, it is dreadful. People like me who are a little removed from it are worried that we will not able to do the necessary development and support work on the ground after June if this eventuality occurs. It is unfortunate.