If we can get all the members back to the table, we'll get started.
We're going to have an opening statement from Mr. Reeder. He tells me it's seven or eight minutes. I think we'll be able to get in one round from each member. Depending on the statement, we'll probably try to go six or seven minutes for each person. I will be a lot tighter on the time in this round because we don't have as much of it. I will be cutting you off at six minutes, so I'm just warning you in advance, because we are limited with our witness here.
I'm going to turn it over to you, Mr. Reeder. You have an opening statement.