Ann: More than $11 million secured in accelerated sales program, page-112

I tend to agree with HT.

It is good news in terms of cash flow and good news in terms of possible survival, YL could have purchased off administrator cheaper than 3k/kg and purchased many years of supply.

But they have burnt a customer revenue stream moving forward for 2 yrs more than likely so just buying time to add to client list, which clearly has been hard to do.

As far as the discounted price is concerned it seems nobody noticed the off-take agreement with Lush Cosmetics. That contract was $3000 per kg of EISO. Young Living were paying premium price at $4500 per kg so 3k is about the bench mark sales level. When I read the client list/supplier contracts back end of March I did think to myself that if I were Young Living I'd be pissed to see Lush buying at 3k per kg so perhaps they made an approach to QIN over the last few months and hence this discount.
IMO