Modes, this is not so relevant. If they can take on new debt (=loans) then that would be a good thing. Whether in the form of promissory notes or any other form, doesn't matter.
Incidentally, what you think is relevant here, went up by $800k in Q1 and down by $1M in Q2. IOW, You should have complained about it in Q1.
Of course there will be liabilities, they have no business and no money. They have to make excuses why the money (they don't have really) escapes from you shareholders. Enjoy the ride. Yes things will change soon. For the worse LOL. I think this kind of very positive Q report about nothing deserves very heavy dilution in the coming weeks. Solly did good. Let him dilute come on. He is a very nice old man. =D Why not pay him for the privilege being Siaf share holder. You are almost rich anyway. =D
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