Определение взаимных обязательств по поставке (переводу) денежных средств в связи с операциями с ценными бумагами

 She told it looked like lizard skin, but it seemed to be from a warm-blooded animal, perhaps a bird.

Then she added that they didn't understand what it was.

 She said that it looked like lizard skin, but it seemed to be from a warm-blooded animal, perhaps a bird. And she added that they didn't understand what it was.