ok - so I have arranged by divisions. I think it is very clear now which jurisdictions the paragraphs refer to, and is a structure that will work for the future as well. does that look ok to you? I am not sure about the IPO section - whether it should be further up - in the US division. the company indicated they will IPO again in the next 12 months, so given this section will be changing at some stage and become the most recent history, should we pull it further up in the text? let me know your thoughts. thank you, as always, for yuor collaboration.