Mr. Tom Dunne:

I was involved in the discussions about the legal questions. What Mr. Moloney stated in regard to the Walker issue is exactly correct. We had that discussion with our legal representative in the first few days of June. When the Walker company went into liquidation, it became impossible for it to continue. Mr. Walker's contract was terminated exactly as Mr. Moloney described. As someone who was involved in that decision, I want to back up what Mr. Moloney said.