It's his secret plot to make the company do awesome and grow and have a huge future and keep the stock low. It's diabolical. He must have hired someone to artificially keep the stock down.
But if that was true, why build the company up at all? Why personally loan them money to help stave off bankruptcy and/or to fuel growth? Just let it flounder and buy it up. Why do anything to potentially make that hostile takeover price higher?