Everything is open. We are going to thoroughly consider all of the options open to us. Having said that, the company is not for sale today, but there are certain assets that we may choose to part with.

I am excited to lead the Company during these challenging times. I can assure you that I am fully committed to finding the best solutions for QLT with the primary goal of enhancing shareholder value.

The Company has faced many challenges over the last 12 months. I continue to work closely with the Senior Management team and our Board of Directors in reviewing the Company's assets, products, business lines, and strategic position to determine the most effective steps toward enhancing shareholder value.

That's been our problem and when it happens to us we have not been able to counter it, and tonight we did. They did things we have not been getting done.

It does, of course, open another front for us to fight, We can fight a multi-front battle the same as the administration can.

[(96 K/5 sec. AIFF or WAV sound)] I'm interested in the evidence, not in what the president wants us to believe, ... We have a president who says, 'I am a liar. I am a perjurer.' That puts him in a very weak position internationally.