RE:If you loaned LOY moneyYou know who loaned LOY money?
"As at December 31, 2014, the Company had a subordinated short-term loan payable to the Chief
Executive Officer in the amount of $829,756 (2013 – NIL), bearing interest at 18%, due August 31,
2015. In 2014, the Company incurred interest and other costs of $84,589 (2013 – NIL) related to
the loan."
Seems legit, he loaned the company he milked a million of his own cash at credit card interest rates... or am I misunderstanding this?