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 > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. Vist http://siliconbeachaustralia.org for more > > Forum rules > 1) No lurkers! It is expected that you introduce yourself. > 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs > > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en