Welcome to the CTI Industries Corporation Announces Third Quarter and Year-to-date 2017 Financial Results Conference Call. [Operator Instructions]. As a reminder minor, this call is being recorded. This conference call may contain forward-looking statements as defined in Section 27A of the Securities Act of 1933 as amended, including statements regarding, among other things, the company's business strategy and growth strategy. Expressions which identify forward-looking statements speak only as of the date the statement is made. These forward-looking statements are based largely on the company's expectations and are subject to a number of risks and uncertainties, some of which cannot be predicted or quantified and are beyond their control. Future developments and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. In light of these risks and uncertainties, there can be no assurance that the forward-looking information will prove to be accurate. I would now like to introduce your host for today's conference, Mr. Stephen Merrick, President. Please go ahead, sir.

Good morning, everyone I thank you for participating in our call. I will be presenting our report and with me is Tim Patterson, our Chief Financial Officer; and Stan Brown, Director of our company and Director of Investor Relations. At the conclusion of the report, we will be available to answer questions that you may have. Our sales and results are down somewhat for the third quarter and for the year-to-date through September 30, compared to the same period as last year. We will get into specifics on these results in a minute, but I do want to say that we are expecting to have a strong fourth quarter. In most recent years, our strongest quarter is the fourth quarter, and we expect that will be the case this year as well. First, let me review the results of the third quarter and the nine months, and the factors that resulted in our shortfall and results so far this year. In the third quarter, our net sales were $13,226,000, compared to net sales of $13,476,000 in the third quarter last year, a decline of only about 2% compared to the third quarter last year. That small decline for the third quarter resulted from foil balloon sales being down by about $400,000 from the third quarter last year, and our commercial film sales being down about $480,000 for the third quarter last year. However, foil balloon sales have been strong through much of the year, and are up against last year through the nine months. We expect that, that will be the case through the fourth quarter this year as well. For the nine months ended September 30, 2017, our net revenues have been $41,397,000, which is down about 3.4% on the year from $42,832,000 for that period last year. For…

Thank you very much, everyone, for participating in our call. We appreciate it. We look forward to being able to provide a report at the end of the year that we'll be happy to do. And we appreciate very much your interest and your participation. Have a great day.