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Fisheries committee  I do. I think some studies would have to be done, risk assessments and whatnot. We don't want to be the company that introduces something that has a negative impact on the environment right now. From what I understand from talking to fishers in Maine, it's really not very good ba

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  Yes, and I know it wouldn't pass a risk assessment. Most of the species of Asian carp wouldn't. If I were to grind it up, put it in an alternative bait and try to pass it through a risk assessment to meet the Department of Marine Resources' qualifications and sell it in the U.S.—

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  I would say that 20% of our revenue is now dedicated to research and development, but it's very costly. Studies need to be done, along with proof of concept. We have a lot of fishermen as investors or involved in some of the testing. I think we're at 480 different trials. There

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  No, thank you. I think a chain of custody, when it comes to bait, would probably eliminate a lot of the undeclared catch and help DFO gather more accurate data.

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  I would be guessing. I would say half or more.

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  Yes. Even if you look at the past and you look at that usage, what's coming in from other countries and what the quota was, we're using more for bait than what was on the quota. You know the recordings are not accurate.

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  If DFO says, “This is the quota for mackerel and herring”, and they can assume that we're using 700 million pounds for bait and the quotas are less than that, then there are definitely some gaps in the recording of data.

June 21st, 2022Committee meeting

Mark Prevost

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  No, there are no regulations for bait. We're an alternative bait manufacturer, but we deal in straight bait. We're buying lobster tonight and selling bait. We have to do our own risk assessments. I know if bait passes Maine's Department of Marine Resources' qualifications in the

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  I'm not 100% certain. The gaps in the accurate data.... I got that from DFO. As far as the undeclared catch goes, I know it came at the eleventh hour when they were shutting it down. A lot of people saw it coming. The freezers are full, including ours. There was a pretty big head

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  Exactly. I'm not sure how a lot of the.... I'm a pretty simple guy. A lot of the stuff coming in from other countries and imports from the U.S.A., I don't know how it's declared there. If it comes to Canada as bait, we wouldn't know what species it was.

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  Thank you for the question. I don't know if DFO really has done anything in that area. I fish lobster, crab, herring and mackerel. I fish the way I was taught. Nobody else has shown me benefits of doing it any other way. The only reason I got into the alternative bait business w

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  It's a good question. Thank you. We manufacture an alternative bait, so there are ingredients in it.... It's all fish, but some of the ingredients that are being used now, I guess in alternative baits, regularly wouldn't pass the conditions required by the Department of Marine R

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  My Prince Edward Island French isn't that fast. I missed most of that. If anybody could redirect for me that would be helpful.

June 21st, 2022Committee meeting

Mark Prevost

Fisheries committee  Rookie mistake.

June 21st, 2022Committee meeting

Mark Prevost