Matech Corp. (fka MTCH)

[voipy mcvoipster]

Tony's loan to GSTY is easy to figure out. He uses the company to incur a note payable to himself with exorbitant terms, no doubt.

Sade Pahahiwhatever-his-name is did the same with Volo. He lent about 350k to be paid back in a 2 week period with 5% interest, and option to convert into $500k worth of shares at par, should Volo be unable to pay on time.

A good question for Tony is what sort of conversion options does his note have, and what are the terms and rate of the loan? Maybe Tony needed to come up with payroll really quick.

Even if it means dipping into his own pocket, his motivations always lie in making a profit for himself first, ahead of the company's solvency.