Mr. Martin Stapleton:

Generally, we have come to the conclusion that meetings are not worth the time we invest in them. It is a dysfunctional system in that we do not get real engagement. The asset management company will tell us it needs par recovery, a receiver will then eventually be appointed and we can often have an engagement with the receiver. Again, the attitudes and tactics the receivers employ are as varied as the number of receivers involved, but they are always focused on the maximum possible recovery in the shortest possible time.