What can he offer them? IOU's? If the share structure is maxed out and he is prohibited from increasing the A/S according to a recent poster, what is the collateral? I'm pretty sure the 'friendly debt' type of loan is not available to them anymore, at least in Montreal from what I've heard.
Regards.
Out the LAN card, down the cable, through the router, out the gateway, to the ISP...nothin' but net!