Right, loans are poison to share value. NOPE.
Hummmm.... we are buying hard assets, companies, with income AND profitable.
So you want to make a case that these loans are poison?
Get another example, because THIS company, QASP, doesnt fit your mold.
The loans ( 110 million dollars from Newby) are backed by 165 million dollars of assets.(very conservative).
Do more homework, and then come back.