Manny, under this structure LDA will not be "paying up" with their own capital for the stock issued under the call notices. Under this arrangement, LDA will sell (or short-sell if they are able to borrow stock from a large shareholder) & transfer that capital to BRN to "pay for" the newly issued capital under 7.1 capacity.
It is purely a mechanism to allow BRN to control how stock gets sold that is being issued under the 15% rule.
Technically LDA could pay for the stock using their balance & hold on to the BRN stock being issued under the call notices....but why would they take that risk?
Manny, under this structure LDA will not be "paying up" with...
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