RE: RE: Misleading information from a shillI think you need to go back and read musikman's comment, unless you actually intend to be misleading and misinterpret what he is saying.
He is not questioning where the directors got their money, it's not our business. What is our business, as musikman is *actually* saying (and you seem to be deflecting from), are the assets of Empower Technologies Inc.. I believe the shareholders have to decide if the company should put up it's assets in collateral for this particular loan because if it cannot be re-paid than the directors become owners of Empower's assets, physical and intellectual. I believe that there is a level of conflict of interest in this decision, so a vote from the shareholders is the only way to remove this conflict. It may be a good loan, but one could easily see that there are potential downsides to this, especially because it becomes payable and guaranteed before many other loans/debentures, etc..
Please correct me if I am wrong.