We'll call this meeting to order.
Gentlemen, I want to thank you for appearing before our committee today to make presentations and to certainly answer some questions that our committee members would have. We do appreciate your time and certainly look forward to the discussion ahead. I'm not sure if any of you have appeared before this committee before, but the microphones are automatic and there is simultaneous translation available. I'm sure it's all been explained to you. If there are any difficulties, we're pretty easy going here for the most part. We'll try to answer any questions you might have if there's anything at all.
Having said that, I'm not sure who was going to start off. Mr. Butler, perhaps you can start off and make your presentation. Please proceed whenever you're ready.