with that i want to invite mr. spige to say a few words. >> good afternoon, thank for having me, my name is anye spooige the manager for the block 56 project. there is a number of slides that are forthcoming to sort of give you a comparison of where we were and where we are now. i will try to be as brief as possible. as mentioned as we approach construction start which was initially scheduled for late summer this year, we found that after the bids came back in construction cost really soared. and we were victims to escalating prices that projects are facing nowadays. we went back and had to make sure this project was economically feasible. the first of three things first being the simplification of some of the construction details and second the way we are using some of the materials and lastly we noticed that we had an opportunity to increase the height of the building which ultimately led to adding a fourth floor to one building. the rational behind that being that adding those incremental floors, the incremental cost

with that i want to invite mr. spige to say a few words. >> good afternoon, thank for having me, my name is anye spooige the manager for the block 56 project. there is a number of slides that are