Help me understand/quantify how Danny is at risk with "his" money? The $500k is a loan from his company "GO" - in exchange, it is my understanding GO will eventually merge with OBJE, controlling 80% of the new merged company - essentially only risking 20% of GO's $500k. One can argue that GO's money is tied up until May 28, 2016 and can only be converted at $0.05 - only a slight discount to today's share price. However, terms of the loan lock up period can be accelerated by simply demoting or firing Paul Watson and/or a material change of the company structure (i.e. the impending merger). Furthermore, by controlling 80% of the company, Danny can effectively renegotiate the terms of his convertible note.