I heard one statistic last week, which I found interesting, which was that for many people involved in research, one-half of their time is spent simply on applications. I heard one person mention that 80% of the applications were being turned down because the pot was only so big. I think that's something important for us to get a better handle on.
Is that something you've heard as well, that there's a tremendous amount of time consumed simply by the application process?