Mr. Seamus McCarthy:

On FeedHenry specifically, the financial statements we are currently auditing of Waterford IT are the 2014-2015 year of account. The FeedHenry disposal was in that period. Therefore, we are examining the transaction as it relates to the financial statements currently. The issues the Chairman has raised are perfectly valid. I will have to consider whether it would be appropriate to do a special report. It would have to be a value-for-money report on the disposal of FeedHenry. For me, the issues that would arise if I decide to do that would be exactly what the Chairman has said, to look at it over time and to ask where it came from, how did it get to be intellectual property and how were the shares attributed and on what basis; that is the decision-making process around that.