The question was from John Utah with Presidential Capital Management. He asked if there were any updated capital plans for 2013; the potential for up to $300 million in equity raise this year.
"If you look at our balance sheet we have about 55 million in cash, we've just done a transaction with Marathon, about another 32 million dollars in the bank. So, doing the math it's fairly simple to understand that at some point we're going to have to go back to the capital markets. But at this time, the timing the price and the amount of that capital financing has not yet been defined."
The question is about at the 9:00 minute mark on part 2 of the call: