Question-and-Answer Session
Unidentified Audience Member
(Question Inaudible).
Marc Oczachowski
Okay. Yes.
Unidentified Audience Member
(Question Inaudible).
Marc Oczachowski
So the expected reimbursement in the U.S. [location] right? Actually we are working on the clinical trial now and we again are having a pass of about approximately four years before we get the reimbursement and will be definitely working on that question during the process. So that we can make sure that we optimize as much as possible the reimbursement in the U.S. for the technology. That is why also that was one of the reasons why we went through a PMA, so that we could create our own certification for reimbursement in the U.S.
Unidentified Audience Member
(Question Inaudible)
Marc Oczachowski
Your question was where are we trading and what is the average volume. We are only trading on the NASDAQ markets; we are not listed in Europe. The average volume is about 15,000 to 20,000 stocks everyday. Thank you.
Unidentified Audience Member
(Question Inaudible)
Marc Oczachowski
Inside ownership is actually, direct ownership is about 2% of the stock through or for management ownership, it includes the stock option programs that is close to 8%.
Unidentified Audience Member
(Question Inaudible)
Marc Oczachowski
We have 9.4 million shares outstanding, and warrant's we have 1.06 million. Thank you.
Any other question?
Unidentified Audience Member
(Question Inaudible)
Marc Oczachowski
Thank you very much.
Moderator
Thank you very much. EDAP will be available for a break-out session today. I think we will have them stay here if you have any additional questions, you can ask them during the next half hour or so. Thank you very much.
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