No news to report at this time.

Pay Equity: Several meetings have been held with the consultant. It became apparent at these meetings that the issue of retroactivity of any pay inequity needed to be dealt with now rather than somewhere down the road. We have therefore been working on the development of a new methodology that will allow us to review jobs going back to 1985 in order to determine whether there was a pay inequity and, if so, how large it was. The need to structure the study around a 14 year period will undoubtedly add some time to the process, but will, we believe, save time in the long run and more importantly, provide us with more reliable and accurate data.