Thank you, all three of you. This was very useful. We have slightly different perspectives that I'm sure are worthy of questioning, and we're going to begin our questioning today with Mr. Cannis.
Mr. Cannis, I'm going to remind you, as well as our witnesses, that we're going to stick to seven minutes for each of the parties for questions and answers. When we get close to seven minutes, I'll be letting people know so that we can give everybody an opportunity to ask any questions they have.
Mr. Cannis.