Maybe the reception or market for it is not as robust as what they thought it would be in the beginning. This is still a development-stage company and there's going to be a kind of wait-and-see, show-me attitude that I think we'll have to get through a little bit of.

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It's very hard to judge what the market's appetite is going to be for a new issue, and it's a company that I don't think a lot of people know very well. Being in Hawaii, they haven't been able to go out and market as much as a company located on the mainland.

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