The most recent thing we saw just lately was the announcement of the closing of the plant in the Beach Point area.
In case anybody here doesn't realize, if I wanted to start a small processing line in my building at the shore on Prince Edward Island, and I got the building all ready for health purposes so that it qualified and everything was ready to go, I couldn't process. I couldn't even bring in my wife and her daughter to process lobsters on Prince Edward Island now because there is a regulation that disallows any new processors on Prince Edward Island. What's happening here is we're having buyers telling us that they have glut parts of the season where they can't handle all of the lobsters we catch due to their facilities being unable to handle them. This is what they are blaming for the high inventory of popsicle packs. In order to handle the lobsters, they had to shift to popsicle packs because it's quicker; hence they ended up with too much of that packed.
In my opinion, due to the situation where one company has been given the opportunity to say there will be no more fish plants on Prince Edward Island--and that is the company that is reducing the number of plants on Prince Edward Island--and we're hearing people say there is not enough capacity right now, we're in quite a situation.
The other thing we don't have on Prince Island that they have in some other areas is a good storage facility so that we can hold lobsters over. We don't have that in Prince Edward Island. Possibly that may be a way around this glut in the future--the construction of something on a large scale to handle this oversupply in a certain part of May that they're talking about. The short-term and easiest way around it would be to allow people to come in here and buy lobsters, to do lobsters as they want to, and allow competition.
In some wharves right now, in the past year or so, there were probably four buyers on the wharf and three of them were taking the lobsters to the same place. That's not competition. Competition is where it has to be to create prices.