I think you have done an outstanding job in research. You have articulated your case eloquently with perfect logic and execution. If your objective is to persuade me a tender offer is not possible at XIN, please discontinue your efforts. My prejudice, in this regard, is set, based on years of experience rather than a well reason legal position. My prejudice is given enough access to funding and a strong enough will, there is no company that cannot be tendered out regardless of the laws or by-laws.