To be honest bigbab, at first I thought that it was good of the CEO to put his money on the line and risking his capital, but when the terms of the loan were revealed, I couldn't see any risk to the lendor. Not one bit.
All the risk, as per the details of the loan lie strictly on us shareholders.
Time will tell of course, but I've been here before, and haven't seen one turn out positive yet. Will it be this time around? JMO