the fcc what is called a form k 8 and what that is is they are seeking to consolidate assets at carndal stit, hunters point, eltoro and new hall and goo a pub lb offering separate and apart from lunar communities into a new company called 5.holdings. our existing agreements with lunar do provide for transfer provisions provided that certain terms and conditions are met and this is fairly typical. since we just learned of this and the fcc filings were public today we are reviewing that against our existing agreement with the developer. there are guaranteed requirements, expense net wrkt, developer ownership and control. as we understand it, there will be new change in terms of the existing leadership that are based today here in san francisco and in fact the as we understand it and under our initial review of the filings it appears that the same ceo and chairman of lunar is on the board as is the same cfo of lunar, but we still need to review and have requested some additional information from the developers so we can review it pursuant to our requirements. those 3 items-- >> it is candle sti

the fcc what is called a form k 8 and what that is is they are seeking to consolidate assets at carndal stit, hunters point, eltoro and new hall and goo a pub lb offering separate and apart from lunar communities into a new company called 5.holdings. our existing agreements with lunar do provide for transfer provisions provided that certain terms and conditions are met and this is fairly typical. since we just learned of this and the fcc filings were public today we are reviewing that against our existing agreement with the developer. there are guaranteed requirements, expense net wrkt, developer ownership and control. as we understand it, there will be new change in terms of the existing leadership that are based today here in san francisco and in fact the as we understand it and under our initial review of the filings it appears that the same ceo and chairman of lunar is on the board as is the same cfo of lunar, but we still need to review and have requested some additional information from the developers so we can review it pursuant to our requirements. those 3 items-- >> it is candle sti

the fcc what is called a form k 8 and what that is is they are seeking to consolidate assets at carndal stit, hunters point, eltoro and new hall and goo a pub lb offering separate and apart from lunar communities into a new company called 5.holdings. our existing agreements with lunar do provide for transfer provisions provided that certain terms and conditions are met and this is fairly typical. since we just learned of this and the fcc filings were public today we are reviewing that against our existing agreement with the developer. there are guaranteed requirements, expense net wrkt, developer ownership and control. as we understand it, there will be new change in terms of the existing leadership that are based today here in san francisco and in fact the as we understand it and under our initial review of the filings it appears that the same ceo and chairman of lunar is on the board as is the same cfo of lunar, but we still need to review and have requested some additional information from the developers so we can review it pursuant to our requirements. those 3 items-- >> it is candle sti