Hi Jazza,
The $4M loan has a publicly announced agreed conclusion (although vcubitts post raises some queries as to how that agreement can be fulfilled).
Good Corporate Governance would see David excuse himself from any motion where a conflict of interest exists and Doug Verity would be responsible for MMR's position where such is present. In all other aspects, as alluded to by vcubitt, David is required to act in MMR's best interest which I am sure he does.
Cheers
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