And the chairman also responded to questions about the status of the six figure debt owed to the company by the late former Chairman Nestor Vasquez.
He said about half the amount has been made so far, but the matter is now before the court.
Mark Lizarraga, Chairman, BTL
"That matter I understand is going to arbitration. It's still before the courts and I think the court has ordered that it goes to arbitration, so it's a live issue."
Reporter
"Are you able to share specific figures, because I am not sure if we have established how much he has paid exactly and how much he is contesting that he doesn't owe?"
Mark Lizarraga, Chairman, BTL
"My understanding is that it's about half paid and about some $300,000 outstanding. That's my understanding of it and I don't think that has changed. So, it's before the courts."
