Viratech Corp. (VIRA)

[themuppitman]

How do you know that the loan made from Imperia is ahead of the loans made by private investors as well as the loans made by Ken and his wife in terms of payback priority? In fact the way I read it Imperia gets the money from the loan from SIIR but rather than that going to shareholders in the form of a dividend it would need to be repaid to Ken and other parties? Just because Imperia gets the money doesnt mean it goes to shareholders. It seems that Imperia has several debts that need to be paid. Since they havent paid on their dividend four years ago I see no reason to believe they will pass any profits on to the shareholders. Why would Ken do that if he can pay himself and his wife back on the loan then also pull a salary and pay other private investors back?