We are now in the home stretch with the installation of our AquaBuOY 2.0. The device is looking great and construction is complete after several months of intensive work. We've posted a video which shows some of the metal cutting and painting that has been taking place at Oregon Iron Works in Portland. Now that the AquaBuOY 2.0 is built, we'll be deploying it off the coast of Newport, Oregon to begin testing. I anticipate this taking take place during the first week of September, although it's dependent on weather conditions. As you can see from the video we've made significant progress. Once the AquaBuOY 2.0 is installed, we'll make sure the world hears about it. We'll be posting videos and pictures of the deployment to illustrate the concept behind our device and the potential that it holds. The AquaBuOY installation will mark a significant milestone for Finavera Renewables, but it will also be the beginning of the next stage of development for this wave energy converter as we move towards commercialization. We've adopted a philosophy of "Kaizen" with our design. It's Japanese for "change for the better" or translating to English, a philosophy of "continual improvement". Our engineers will test the device and analyze the results so we can optimize the design of the next generation that will move us to economies of scale. We're planning for the installation of a multi-device array in 2010 and soon thereafter, deployment of many more devices, on the first linear steps of what we anticipate will be an exponential curve. This first phase of our strategy will be in the water very soon. Our overall goal in wave energy however has always been the same: to capture the energy of the ocean in a device that is economically viable, thereby generating significant value not only for shareholders, but for all of the world.