Rob Capps: Yes. I don’t want to project the cash balance at this point, but we are delivering throughout the quarter, we have already delivered things. So that will have an impact. Other things we have delivered later in the quarter. So you won’t see that at year end. There are a variety of areas we are addressing to attract liquidity, obviously, AR and by implication inventory as we liquidate and sell things, we are not having to buy things as we have so much in inventory already that already bought it. We continue to generate some funds from our legacy leasing assets that amounts are €“ and those amounts are decreasing, but there still is some activity there. As we said in the past, we have some opportunities to monetize some unencumbered assets, specifically real estate assets we have. And so we are pursuing all of those areas.
Tyson Bauer: Okay. And the discontinued ops, is that just kind of like clean up number of €“ because it looks like you don’t have assets held-for-sale on your balance sheet. So did you go through the process and chose to write-off any remaining asset values there? Although you may have those that you could sell it at a later date, which almost reverses what you have just taken off?
Rob Capps: Yes, that’s right. So we €“ the remaining assets from the leasing business are €“ have zero book value. So they have been written to zero, but there still are some assets that we are hopeful of being able to monetize.
Tyson Bauer: That would be in that roughly $1.6 million range.
Rob Capps: Again, it’s from zero to something like that.
Tyson Bauer: Okay. You talked about you have already made significant deliveries for the fourth quarter, any idea of percentage of expected revenue since you gave the expected revenue range that you have already delivered and have in pocket?
Rob Capps: And again, I don’t want to be very specific. But there are substantial deliveries throughout the period. And I will leave it there.
Tyson Bauer: Okay. When you look at your working capital, and given the outlook that you just provided, and then you look at the market valuation of your preferred stock that is accumulating that preferred dividend? Can €“ is there a rationalization for that, it doesn’t seem like the numbers really work out. And given the level of importance to your direct JV partner and really indirect relationship with Mitsubishi, what are we missing here?
Rob Capps: I guess I don’t understand the question Tyson. I am sorry.
Tyson Bauer: So, the question really is that you have got what, $9 million valuation on the preferred dividends at $5.60 a share. You have already had two deferred. You really can’t do much as a company without becoming true or current on that preferred dividend that is deferred. The marketplace seems to have chosen to say hey, that working capital number, they have, that inventory number, that ongoing business number, we just don’t believe it. Even though you have preference on those preferred shares, is there something that you want to add or that you want €“ I am going to throw you a little softball here, that would say, hey, the numbers just don’t add up. As far as why we are getting value there, especially on the preferred side, compared to what you are seeing as a management team?
Rob Capps: Okay. I now understand. I mean obviously, maybe not obviously, but we would have different opinion as to what the market value ought to be both of the preferred and the common. Lots of reasons that contribute to the €“ while the price is where it is that we firmly believe that as we demonstrate the growth in the business, demonstrate the ability to generate, ongoing cash flow, then you know that view from the market is going to change dramatically. There is no reason for it not to, in my view.
Tyson Bauer: But you would share that even on a salvage valuation, if you really went that route, you are significantly ahead of where the market is applying evaluation on you.
Rob Capps: Absolutely. I would certainly €“ absolutely believe that myself.
Tyson Bauer: Alright. Thank you gentlemen.
Rob Capps: You bet.
