Ann: Update on USA Operations, page-77

Yes -that could be a big flaw in my "thesis" and something I give thoughts.

I do not think the camera crew and announcers are on the pay roll, the editors and gurus most likely are. If all are in-house then my thinking and questions are all answered.

With the growth in mind then surely there is need for more hands hired so costs will go up on that too. There is a need for more data to entirely understand the margins but it looks better and better.

US - I acknowledge that as being the case and again it might offset any and all questions I have raised in regards of FY17.