Question-and-Answer Session
Operator
Thank you sir (Operator Instructions) Mr. Geoff Kieburtzof, please respond with your company name followed by your question.
Geoff Kieburtzof – Weeden
Thanks its Geoff Kieburtzof of Weeden. Can you go elaborate a little bit on want kind of works required to get you to say $3.5 billion of orders this year.
Merrill "Pete" Miller, Jr
Well, I think when we talking about large what we are really talking about is the viability of the financial community. I think some of the things, and also it some amount of timing. What you have today in this environment is probably a more protracted negotiation timeframe, I know mentioned earlier that you will ship it that will sign up here eminently that we thought we get in the first quarter, year ago, we would have hit through that pretty quickly but because of the protracted timeframe, making sure that everybody is got financing making sure that we in turn get, our down payment, before we put anything into the backlog that those timing issues require a little bit of look just on the cut off dates if you will, we cut off everything on a 31 March. And if something moves into the second or third of April than it’s well, - we didn’t get in the first quarter moves into the second quarter. And I think also it means that there has to be a little bit of financial viability out there and I think some of the governments are going to have to step up to play with some of the assurances that they will peak in Norway and some of the other places that they will ensure and guarantee some of the financing that there so, that’s really the type a lot we don’t think it's a lot – unprecedented its just going to be moving a little bit more quickly that it appears it is right now,
Unidentified Company Representative
And there is less urgency – on the process, right now to – part of that is it – has been just mentioned a lot of our customers are pursuing government back financing on these projects and agencies that he just referenced require a lot of documentation and things just tend to move a little more slowly so that it just cranking at a moment thought it will facing it was?
Geoff Kieburtzof – Weeden
You, I think you have mentioned that you’ve been working particularly with the backlog that customers that represents the backlog at risk you’ve been working with them to help, you’ve arrange financing and help them more through their problems had the amount of experience have you seem things getting better or is the system still kind of come to appear?
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