And thank you, Ms. Annis.
I also wanted to mention to the two board members who are here that we appreciate your taking the time to come all the way here. Mr. Fraser, I know you have to deke out soon for some other previous business, but I want to thank you as board members, as volunteers, who were able to be here and spend some time. Thank you very much.
We're going to start with the first round of questioning. It will be seven minutes for questions and answers. We have Mr. Regan here.