is that the entire exercise has no real point 
(ROOT (VP (VBZ is) (SBAR (IN that) (S (NP (DT the) (JJ entire) (NN exercise)) (VP (VBZ has) (NP (DT no) (JJ real) (NN point)))))))
(ROOT (VP (VBZ ) (SBAR (IN ) (S (NP (DT ) (JJ ) (NN )) (VP (VBZ ) (NP (DT ) (JJ ) (NN )))))))