director purchasing, page-11

Yeah, you're right. A bank loan is deluded..... Long term, a loan from the big fella to help with working capital may or may not be out of the question. If the company subsequently went down, as a first line creditor he could take sole ownership of the IP and the technology... Wouldn't be a bad strategy. But that's not happening until they 'get it done' and produce a product that starts to make some money.

For now, it's touch and go with (at least) 1 more CR in my view. In MT we entrust.