There are some loaded questions there. As far as licences, all of our licences in the province of New Brunswick are active. They're working. You were talking about the $75 million, Mike—I hope you don't mind if I call you Mike. Basically we've gone in three or four weeks from zero to $75 million. Personally, I think that's a very good start. It points us in the right direction. This activity that's been happening, and I discussed it with the previous minister of fisheries along with the current minister of fisheries, talking about the ocean-to-plate concept, bodes extremely well for the direction we're trying to take the industry in, where we have to be.
We have to be innovative. We have to be preparing product that meets the marketplace and get away from processing the whole inventory. We have to process to get it into the marketplace. There are many companies that we deal with in the States, the Dardens and the Outbacks, with the frozen tail products and the frozen lobster products. A lot of the companies do not have the financing to hold inventory. Neither do our processors. These are things that we're looking at. What is it that we can do to change some of the regulatory environment so that we're processing more in tune with the marketplace?
We have to go through some transformational change in all of our provinces to meet what the marketplace needs. I really feel we're going in the right direction in our own province, especially with the innovations that are in the fisheries renewal framework, where we're pointing the industry and the priorities we take on market and how we need to move and prepare ourselves for the marketplace.