I just want to make a comment on that and provide a hypothetical example of where end-point royalties might be useful to a particular sector. If there's an end-point royalty—and I'm not saying that there would be or there should be—an example would be a breeder and farmers working together. With a front-end royalty the breeder basically earns his royalty upfront, sells the seed, and it's in the farmer's hands. With an end-point royalty, the breeder is actually very interested in the harvest. If there's a great bountiful harvest, not only does the farmer win but so does the breeder. If there's a lousy harvest they both lose. They actually have a connected interest in the harvest and it would run against what Mr. Allen just said. He said that the breeder would just take advantage of the farmers, but I would say in this example—and I'm not saying it's for all sectors under all circumstances—in particular sectors under particular circumstances you could see where the breeder and the farmer would actually have a shared interest in the harvest end of what is being produced from that particular variety.
If it actually stimulates more investment in research and development and the commercialization of new varieties then that's a good thing. That's what this bill is all about. It's about stimulating investment. If they have this joint interest and one of the benefits is that the breeder says, we're going to use that money to develop new varieties, then that's actually what this is all about and the farmer wins again.
I'm just giving an example that I think is quite reasonable.
Thank you.