Is the company never going to be profitable? It's your loan, you can vary
the terms. Honestly, if you're not sure what you're doing I would suggest
spending an hour with an accountant.

On 12 June 2012 22:06, Graham Lea <graham....@belmonttechnology.com.au>wrote:

> On 12/06/2012, at 9:19 PM, blindman2k <aron.s...@bcde.com.au> wrote:
>
> > Why don't you just loan money to your business?
>
> Nice idea, but if I did that then, as Director, I wouldn't necessarily be
> able to assert that the company was able to repay its debts and hence
> technically solvent.
>
> Is there some hassle in letting ASIC know about new shares, or is it just
> another form to fill out?
>
> Cheers,
>
> Graham.
>
> --
> Graham Lea
> gra...@grahamlea.com
>
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