Hi John, I guess you guys have kinda put this to bed for me, although, your percentages were just what I posted in my scenario..And the question remains, the ``ability to pay`` part in the letter of credit...

I will just drop this now, and appreicates everyones responses. (Obviously, despite my 34 year old Marketing degree, I have never been in the manufacturing business.

And a little bit of knowledge can be a dangerous thing!

T.K.