In addition, Mint has entered into a Joint Venture Agreement and Credit Agreement with LAS to provide working capital of up to $400,000, sales and marketing support, financial management reporting and a US office presence to allow LAS to deliver its recently executed agreement with National PTA (Parent Teacher Association) in the United States. Mint will receive interest on its working capital contribution and a share of the fees generated by LAS on cards issued using that working capital.
LAS has an exclusive agreement to supply a shopping....