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In hindsight the underwriting agreement with Paterson's was a mistake as juk pointed out early on. It has only brought in an extra $1.2 million less their fees whereas loyal SH's contributed $6.0 million. Now it is likely that Paterson's clients are responsible for the selldown. My concern is that Paterson's are overseeing the recapitalisation of KMC. I have no issue about PXG taking advantage of this opportunity but if it is to happen it had better be on very good terms for us.