Thanks to you, @rayien and @Sharpy, I too found the details of this arrangement somewhat confusing; and coming so close to this holiday season hasn't left much time to go though the mechanics of the agreement. I wish that LPD had been a little more transparent - at least an example of its workings.
However, you guys have done a great job in teasing out the finer details.
(So to has Jasox)
Cheers all.
PS Happy and prosperous NY to ALL
NPJ
Ann: Lepidico secures $7.5 million facility & 3B, page-160
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