Mr. Friedmann, thank you for being here today. I appreciate the adroitness of your answers. It is very helpful to the committee.
I'm trying to get my head around a few things. Your company will, in effect, become a subsidiary of a U.S. company. As I understand it, U.S. security laws do apply to subsidiaries of companies that are domiciled in the United States but that may operate elsewhere in the world. Is this your understanding as well, Mr. Friedmann?