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Canadian Heritage committee  The enterprise value is probably about $1.25 billion.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  Without spending too much of the committee's time, we certainly would have no problem following up with a compendium of all the Canadian talent that we are in business with. You would find it very extensive. I've tried to put this in buckets for you, in a sense. I've talked about what we are currently producing in Quebec and our partnership with SGF.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  Yes. Thank you for noticing that.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  —that is the job of Heritage, if a shareholder is going to go over 33%: to measure and apply that rule.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  We would expect that Heritage would still do their job. Again, we're bringing two totally separate issues together. Our job as a board is to look at any offer that could provide value to our shareholders; that's all we're interested in. The board operates very independently.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  It's not my job, but I have been told, and in everything that I've read—

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  I think that's probably right.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  I think that's a fair point.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  I haven't run it into the ground in ten years.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  I think the future's incredibly bright. We just put out a fantastic earnings announcement. We had guided to $75 million of adjusted EBITDA; we actually reported almost $130 million. We had a very strong revenue year, we are forecasting growth of around 13% to 15% revenue this year, and we're seeing growth in every one of our businesses.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  From day to day, I wouldn't know. It's very possible, but I really wouldn't know.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  The stock trades every single day around a million shares, so I wouldn't know on a day-to-day basis. That sounds as though it could be accurate.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  Yes, and it has always been.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  All we can ask for from this committee is to be heard and understood; that the committee understand the risk of what we think could potentially happen and hopefully support our position. Clearly, we understand that there is nothing that Heritage can do unless Mr. Icahn goes over 33%.

June 3rd, 2010Committee meeting

Jon Feltheimer

Canadian Heritage committee  Sounds right.

June 3rd, 2010Committee meeting

Jon Feltheimer