Each leafy bract will be subtended by one or two meristem eyes, from which either a new growth or an inflorescence can develop. The background of this hybrid is a double shot of Odm. bictoniense and one shot of Odm rossii (which are both now Rynchostele, aren't they?).
Here is what Jay has to say about R. rossii
http://www.orchidspecies.com/lemrossii.htm
...aaaaand R. bictoniense
http://www.orchidspecies.com/lembogbictonense.htm
You're looking at a cool growing mountain plant. I used to grow R. rossii and R. cordatum along with the Coccinea-section Masdevallias, which is to say 50-73F and Cattleya light.
Good luck on it. Those Rynchosteles are really fun, when they bloom.
-Cj