Mr. Hubert. You are the owner?

Mr. Paul. Yes.

Mr. Hubert. Is that a corporation?

Mr. Paul. Yes.

Mr. Hubert. What is the name of the corporation?

Mr. Paul. That is Bappo [spelling] B-a-p-p-o.

Mr. Hubert. That is Bappo, Inc., isn’t it?

Mr. Paul. That’s right.

Mr. Hubert. And that is a closely held corporation, I take it?

Mr. Paul. Well——