We have to look at the lay of the land, today is one day only in the life ZeU. We have to remember that the approval by the authorities of the ZeU's public offering is where all the value will be created. Let me say first that it would have been more appropiate to do the going public first, since it would require scrutiny of the assets of ZeU, current nominal value at 170MM. If this amount becomes approved by the authorities, then raising 30MM should be fairly easy. I guess that management figured [advised] that they should have some cash in ZeU before it goes public to prove[to the authorities] that ZeU is able to carry on business aand is not restricted by lack of cash. So management give them credit, they had to go through the financing that we witnessed today which provides for liquidity events which would assure liquidy to operate in dire circumstances. The next hurdle I am concerned about is the valuation of the 170MM of shares issued by ZeU. I would expect, a formal valuation by an arm's length party, will be presented to the relevant authorities to justify the price whatever it may be. Management is assuming $1.00. We are in good shape, a lot of credit goes to Frank.
So you can see that first impressions some time can be off-base. I expect that the stock will move up nicely from here. I will say that management should be congratulated for making this first move, which was required in order to create liquidity for ZeU.