I noted also that some of the loans that represent part of the losses this year were borrowed from Avatar finance which low and behold is owned by none other than Ian Trahar.
In a way I find that a good thing as it means he's willing to sink personal cash into the business and back the project. Also shows the determination and sacrifice to see it through.
In some ways (which would be subject to certain conditions happening) and to a lesser extent, I think its a conflict of interest.
The only way I could see that going bad is if he was spilt from the board on bad terms.
New article on NT news, page-135
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