From 2009 to 2010, cash was down approximately 66% while accounts receivable was up approximately 50%. To what is this attributable?
For a more complete view of the change in our cash position from 12/31/09 to 12/31/10, please refer to the audited Consolidated Statements of Cash Flow in our recently filed Form 10-K. To summarize we used $10 million in our operations, used $33.6 million to purchase M2P2 and for expenditures adding to property and equipment. This was partially offset by $17.9 million raised from the sale of common stock. With respect to the increase in accounts receivable, please refer to the Segment Information beginning on page F-23 of the Form 10-K, our animal nutrition revenues increased 67%, which together with the addition of the accounts receivable from the purchase of M2P2, more than covers the 50% increase.