The whole story was BS, there is no problem with LAR otherwise they would have Ann to market, it was made up to justify LAR related farm in partner and reduce the value of Guat.
Why would they even bother with the farm out when there is no intention to retain any interest...look at the deal they have structured.
Pay $1M after 12 mths for another 5%...who in their right mind would do that?
What went wrong, page-122
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