You're smart enough to know that's called a "related party transaction." The dryship companies, for example, are filled with stuff like that. Nothing illegal or of concern of the SEC as long as it is publically disclosed.
SEC generally only gets involved if the related party is a secret.
SEC also gets involved with illegal transfer of Assets from Alonzo's back pocket to his front pocket.. transferring (STEALING) assets to his own private LLC and then to another company that he is BOD..