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| Your are absolutely right about the joint venture. 50% Limagrain (Head quarters-Chappes France) 50% KWS-SAAT AG
(Head Quarters-Einbeck Germany) President and CEO of this joint venture Raphael Journel (Sound American?). Bottom line
is it doesn't look like any of there profits are staying in the US to me. And as far as American employees I agree. However,
I would venture to say that there are at least 100 times the American families and what not that benefit from a purchase of
seed from an American based company. And at least there profits stay here in the US.
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Largest Independent!
